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Taylor Clay Products, Inc.

Taylor Clay Products, Inc. Profit Sharing Plan
Form 5500 | Basic Information
Plan Information
Plan Year 07/01/2013 — 06/30/2014
Effective Date of Plan 06/25/1959
Net Assets as of 06/30/2014 $1,751,228
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 06/30/2014
Total 119
Total number of participants as of 07/01/2013 100
Number of participants with account balances 119

Financial Information as of 06/30/2014
Total Assets (EOY) $1,751,228
Total Liabilities (EOY) $0
Net Assets (EOY) $1,751,228
Financial Information as of 07/01/2013
Total Assets (BOY) $1,544,366
Total Liabilities (BOY) $0
Net Assets (BOY) $1,544,366
Cash from Employers $0
Cash from Participants $0
Others (including rollovers) $0
Other Income $247,549
Total Income $247,549
Net Income $206,862
Total Benefit Payments $31,041
Corrective Distributions $0
Administrative Service Providers $0
Other Expenses $9,646
Total Expenses $40,687
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

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 $1,000,000
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?