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Taylor Clay Products, Inc.

Taylor Clay Products, Inc. Profit Sharing Plan
Form 5500 | Basic Information
Plan Information
Plan Year 07/01/2011 — 06/30/2012
Effective Date of Plan 06/25/1959
Net Assets as of 06/30/2012 $1,393,496
Plan Number 1
Plan Type Single Employer
Did the plan file for an extension of time or the DFVC Program? No

Participant Information as of 06/30/2012
Total 92
Total number of participants as of 07/01/2011 113
Number of participants with account balances 92

Financial Information as of 06/30/2012
Total Assets (EOY) $1,393,496
Total Liabilities (EOY) $0
Net Assets (EOY) $1,393,496
Financial Information as of 07/01/2011
Total Assets (BOY) $1,450,172
Total Liabilities (BOY) $0
Net Assets (BOY) $1,450,172
Cash from Employers $0
Cash from Participants $0
Others (including rollovers) $0
Other Income $56,297
Total Income $56,297
Net Income $-56,676
Total Benefit Payments $104,335
Corrective Distributions $0
Administrative Service Providers $8,638
Other Expenses $0
Total Expenses $112,973
Total Transfers $0
Plan Sponsor Information
Address P. O. Box 2128
Salisbury, NC 28148
Telephone (704) 636-2411
EIN 56-0520737
Industry Code 327100
Named Administrator Barbara K. Johnson

Plan Administrator Information
Administrator Name Taylor Clay Products, Inc.
Address P. O. Box 2128
Salisbury, NC 28148
Telephone (704) 636-2411
Administrator EIN 56-0520737

Benefits Provided Under the Plan
Code Benefit Description
2E Profit-sharing A defined contribution plan that allows employer discretionary contributions. These plans often contain a 401(k) feature.
3D Master plan A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

Question   Answer Amount
1. During the plan year did the employer fail to transmit to the plan any participant contributions within the time period described in 29 CFT 2510.3-102? No  
2. Were there any nonexempt transactions with any party-in-interest? No  
3. Was this plan covered by a fidelity bond? Yes $150,000
4. Did the plan have a loss, whether or not reimbursed by the plan's fidelity bond, that was caused by fraud or dishonesty? No  
5. Were all the plan assets either distributed to participants or beneficiaries, transferred to another plan, or brought under the control of the PBGC? No  
6. Has the plan failed to provide any benefit when due under the plan? No  
7. If this is an individual account plan, was there a blackout period? No  
8. If there was a blackout period, have you either provided the required notice or one of the exceptions to providing the notice applied under 29 CFR 2520.101-3?