Clinton Mills clothmaker. [volume] ([Clinton, South Carolina]) 1984-198?, October 15, 1984, Page Page 2, Image 2
Page 2
Recent S
5 Years
Deborah Commander Geneva
Louvern Brown Geneva
Blakely Peak Geneva
Bobby J. Hatcher Geneva
Billy Jordan Geneva
Robert Allen Geneva
Jasper Enfinger Geneva
William H. Vaughan Geneva
ParnI I DoLor Honov/i
uaiui J. uanci
T eresa Aughtma n Geneva
Carroll Lyerly Geneva
Dewey Fowler Geneva
Larry Hayes Geneva
James E. Boswell Ceneva
WilFam J. Petty, Jr No. 1
Brawley Pitts No. 2
Thomas A. Patterson No. 2
Terry Chilton No. 2
Charles Wesson Warehouse
Gregory Kennedy Lydia
Bennie R. Anderson Lydia
Loretta D. Foster Lydia
Patricia F. Smith Lydia
Robert Lindsay No. 1
Ricky Wilson..." No. 1
Bluford Boyter No. 2
ADOUT Y(
Summary Annual Report
The Clinton Mills, Inc.
Retirement Plan
This is a summary of the annual report for
The Clinton Mills, Inc. Retirement Plan, EIN
57-0142910 for January 1, 1983. to December
31, 1983. The annual report has
been filed with the Internal Revenue Service,
as required under the Employee Retire
ment Income Security Act of 1974 (ERISA).
Basic Financial Statement
Benefits under the plan are covered by a
Trust Agreement. Plan expenses were
$45,656. These expenses represented
$45,656 in benefits paid to participants
and beneficiaries. A total of 2,070 persons
were participants in or beneficiaries of the
plan at the end of the plan year, although not
all of these persons had yet earned the right
to receive benefits.
The value of plan assets, after subtracting
liabilities of the plan, was $ 1,107,884 as of
December 31, 1983, compared to
$540,719 as of January 1, 1983. During
the plan year the plan experienced an increase
in its net assets of $567,165. This
increase includes unrealized appreciationor
depreciation in the value of plan assets; that
is, me ainerence Deiween me value or me
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
$608,967, including employer contributionsof
$527,035 and earnings from invest
ments of $81,932.
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:
ervice Annh
James H. Simpson No. 2
JamesC. Suber ....No. 2
Dwight Kinard No. 2
Dorothy Wooten No. 2
Joyce Turner * No. 2
Genelle Robertson Lydia
Bessie Fleming Lydia
Richard Patterson Lydia
Jerry Smith Lydia
Walter Holbert Bailey
10 Years
Thomas E. Prince, Jr No. 2
Willie Bluford Lydia
Everett Leroy No. 1
Joe Dil lard No. 2
Michael Carroll No. 2
Daisy Wilson Lydia
JohnT. Dial Bailey
Sylvia Clayton Lab
15 Years
Thomas E. Prince No. 2
Willie J. Coleman No. 2
Boyce Tapp Maintenance
Jerry Roberts Lydia
Roger Tucker Lydia
our Retire
1. an accountant's report;
2. assets held for investment;
3. transactions in excess of 3 percent of
plan assets;
4. actuarial information regarding the
funding of the plan.
To obtain a copy of the full annual report,
or any part thereof, write to the office of
Henry T. Cronic, who is the plan administrator.
The charge to cover copying costs will be
$3.00 for the full annual report, or $.25 per
page for any part thereof.
You also have the right to receive from the
plan administrator, on request and at no
charge, a statement of the assets and liabilities
of the plan and accompanying notes, or
a statement of income and expenses of the
plan and accompanying notes, or both. If
you request a copy of the full annual report
from the plan administrator, these two statements
and accompanying notes will be included
as part of that report. The charge to
^uvci " ig ludio given a uuvc uucd i iui
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 in Washing
ton, 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, Department of Labor, 200 Constitution
Avenue. N.W., Washington, DC
29216.
For assistance in obtaining a copy of available
information, contact the Personnel
Manager in your work area.
Henry Tronic
Benefit Plans Administrator
Clinton Mills
Drawer 1215
Clinton, SC 29325
1 <
/ersaries .
Pat Neal Office
Sylvia Sanders No. 1
William J. Petty No. 2
Elizabeth Hill Bailey
Clarence Martin Bailey
20 Years |
Gertrude Payton No. 2
MirkSmitherman Lydia
Albert Anderson Lydia
25 Years
Katherine Smith Nr>. 2
Nell Haggart Clime
Myrtle Lanford Lydia
30 Years
George H. Cornelson Office
Joseph Littlefield Lydia
Carroll Baker.... No. 2
35 Years ~
Carl Heaton, Jr Maintenance *
William J. Bailey No. 2
hv Tears |
Lucille Woody No. 2
iment Pla
Summary Annual Report
The Clinton Mills, Inc.
Profit-Sharing Retirement Plan
(
I
This is a summary of the annual report for \
The Clinton Mills, Inc. Profit-Sharing Retire- <
ment Plan, EIN 57-0142910, for January j
1, 1983, to December 31, 1983. The
annual report has been filed with the Internal
Revenue Service, as required under the I
Employee Retirement Income Seucrity Act 1
of 1974 (ERISA). 1
Basic Financial Statement
Benefits under the plan are provided by a
Trust Agreement. Plan expenses were
$499,916. These expenses included
$48,937 in administrative expenses and
$450,979 in benefits paid to participants
and beneficiaries. A total of 1,363 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 $5,653,349 as of
December 31, 1983, compared to
$5,506,420 as of January 1, 1983. During
the plan year the plan experienced an in
crease in its net assets of $146,929. This
increase includes unrealized appreciation or
depreciation in the value of plan assets; that
ID, IIIC UIIICICIIUC UCIWCCII lilt. VdlUC Ul llic
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
$646,845.
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:
Dlothmakers
n the News
Clinton Mills of Geneva General Manager
larry Hooks has been named to a three-year
erm on the National Cotton Council.
Hooks will serve along with other leading
extile executives in formulating activities of
ne (Jotton council.
Derita Crutchfield recently received a fiveear
perfect attendance award from Devco
laptist Church. She is the daughter of
naintenance employee and Mrs. Troyce
Crutchfield.
McDonald's food chain representative
Barbara Cato, daughter of Geneva No. 2
.lasher operator Bobby Cato, recently visited
he national Muscular Dystrohy Poster Child
Christopher Rush at the 1984 Jerry Lewis
_abor Day Telethon in Las Vegas.
Miss Cato was one of six volunteers
:hosen from across the United States, CanaJa
and Puerto Rico to describe McDonald's
und-raising activities.
n
II
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,
jr any part thereof, write to the office of
Henry T. Cronic, who is the plan administra:or.
The charge to cover copying costs will be
?2.00 for the full annual report, or $.25 per
jagc iui any pari iiicicui.
You also have the right to receive from the
plan administrator, on request and at no
charge, a statement of the assets and liabilities
of the plan and accompanying notes, or
a statement of income and expenses of the
plan and accompanying notes, or both. If
you request a copy of the full annual report
from the plan administrator, these two statements
and accon% "mying 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
AraHomv/ Qtroot P11ntnn QP -anH of
r iv^uvjv. I i IJ V^V,l, VMIHUII, sJVy ? ailVJ CI I
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, Department of Labor, 200 Constitution
Avenue, N.W., Washington, DC
20216.
For assistance in obtaining a copy of available
information, contact the Personnel
Manager in vour work area
Henry T. Cronic
Benefit Plans Administrator
Clinton Mills
Drawer 1215
Clinton, SC 29325