Historical Newspapers of South Carolina

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Employees continue to respond to Assistance Program Richard Cain, Clinton's Em ployee Assistance Counselor, re ports a favorable response from em ployees to the Company's Em ployee Assistance Program, which is offered in co-operation with the S.C. Vocational and Rehabilitation Department. December, January, and Febru ary are normally difficult months for employees experiencing finan cial, emotional, health, or drug-re lated problems. People experience a letdown after Christmas and are less active during the winter months. That's when many situ ations show up. Many of which can be corrected through professional assistance. "Our program is designed to help employees face common problems. We offer free counselling services and make the necessary referrals where additional or specialized treatment or counselling is needed," explained Cain. Since Clinton Mills began its Em ployee Assistance Program, we have been able to help many em ployees become more productive employees while successfully over coming problems which would otherwise become major obstacles. "Often times a person comes in and we have to develop a program which is in that person's best inter est. If we evaluate the case, and find a detailed medical and mental evaluation is needed, we use pro fessionals in our staff or in the community," emphasizes Cain. He also noted that an important goal of the Company's counselling program was to keep the individ ual active. "People who are work ing tend to have more stress," said Cain. "We see many who have lost confidence in themselves, while others are having marital, personal, or health-related difficulties." "It's common for Qinton em ployees to come in to seek help for special problems. We provide spe cific information where they can turn for assistance," said Cain. "When the solution to a problem lies outside our area of expertise, we put the client in touch with the appropriate professionals." Another area of concern Cain pointed out, was that of individuals who go from physician to physi cian for no apparent reason. Those who experience physical problems and then have them compounded with personal conflicts, often be come confused and literally go in all directions seeking help. This is very costly to the person and the Company. "Our depart ment has been very successful in developing satisfactory profiles on these employees, and, by using available resources, we have been able to provide successful referral services which concentrate on the major health problems," he added. Cain noted that a very high number of Qinton employees were currently enrolled in the assistance program. Most of them report fa vorable results from their partici pation in the program. Any employee interested in the assistance program should contact their personnel director or supervi sor or the Vocational Rehabilitation Department. Annual Reports Summary Annual Report The Clinton Mills, Inc. Profit-Sharing Retirement Plan This is a summary of the annual report for the Clinton Mills, Inc. Profit-Sharing Retirement Plan, E1N 57-0836044, for January 1,1988 to December 31, 1988. The annual report has been filed with the Internal Revenue Service, as required under the Employee Income Security Act of 1974 (ERISA). Basic Financial Statement Benefits under the plan are provided by group defined contribu tion annuity contract. Plan expenses were $618,548, which were benefits paid to participants ana beneficiaries. A total of 903 persons were participants in or beneficiaries of the plan at the end of the plan year. .... ^ The value of plan assets, after subtracting liabilities of the plan, was $6,290,130 as of December 31,1988, compared to $6,405,897 as of January 1,1988. During the plan year the plan experienced a de crease in its net assets of $115,767. The decrease includes unrealized appreciation or depreciation in the value of plan assets; that is, the difference between the value of the plan's assets at the end of the year and the value of the assets at the beginning of the year or the cost of assets acquired during the year. The plan had total income of $502,781. Your Rights to Additional Information You have the right to receive a copy of the full annual report, or any part thereof, on request. The items listed below are included in that report: 1. an accountant's report 2. assets held for investment; 3. transactions in excess of plan assets. To obtain a copy of the full annual report, or any part thereof, write to the office of Pauline S. McLendon, who is the plan admin istrator. The charge to cover copying costs will be $2.00 for the full annual report, or $.25 per page for any part thereof. You also have the right to receivefrom the plan administrator, on request and at no charge, a statement of these assets and liabilities of the plan and accompanying notes, or both. If you request a copy of the full annual report from the plan administrator, these two state ments and accompanying notes will be included as part of that report. The charge to cover copying costs given above does not include a charge for the copying of these portions of the report because these portions are furnished without charge. You also have the legally protected right to examine the annual report at the main office of the plan, Clinton Mills, Inc., 600 Academy Street, Clinton, SC 29325, and at the U.S. Department of Labor upon payment of copying costs. Requests to the Department should be 10 addressed to: Public Disclosure Room, N4677, Pension and Welfare Benefit Programs, Department of Labor, 200 Constitution Avenue, N.W., Washington, DC 20216. For assistance in obtaining a copy of available information, con tact the Personnel Manager in your work area. Pauline S. McLendon Financial Administrator Clinton Mills Drawer 1215 Clinton, S.C. 29325 „ Summary Annual Report The Clinton Mills, Inc. Group Insurance Plan This is a summary of the annual report for the Clinton Mills, Inc. Group Insurance Plan, EIN 57-0836044, for January 1, 1988, to December 31, 1988. The annual report has been filed with the Internal Revenue Service, as required under the Employee Retire ment Income Security Act of 1974 (ERISA). Insurance Information For the third period covered by this report, life and health claims were paid by Provident Life & Accident Insurance Company. The total amount paid to Provident which was required to fund the Plan was $4,190,905. Your Rights to Additional Information You have the right to receive a copy of the full annual report, or any part thereof, on request. Included in the annual report is insur ance information provided by Provident. To obtain a copy of the full annual report, or any part thereof, write to the office of Pauline S. McLendon, who is the plan admin istrator. The charge to cover copying costs will be $1.50 for the full annual report, or $.25 per page for any part thereof. You also have the legally protectea right to examine the annual report at the main office of the plan, Clinton Mills, Inc., 600 Academy Street, Clinton, SC 29325, and at the U.S. Department of Labor in Washington, DC, or to obtain a copy from the U.S. Department of Labor upon payment of copying costs. Requests to the Department should be addressed to Public Disclosure Room, N4677, Pension and Welfare Benefit Programs, U.S. Department of Labor, 200 Constitution Avenue, N.W., Washington, DC 20216. For assistance in obtaining a copy of available information, con tact someone in the personnel office in your area. Pauline S. McLendon Financial Administrator Clinton Mills Drawer 1215 Clinton, S.C. 29325 ClothMaker