<SEC-DOCUMENT>0001157523-21-000828.txt : 20210628
<SEC-HEADER>0001157523-21-000828.hdr.sgml : 20210628
<ACCEPTANCE-DATETIME>20210628103900
ACCESSION NUMBER:		0001157523-21-000828
CONFORMED SUBMISSION TYPE:	11-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20201231
FILED AS OF DATE:		20210628
DATE AS OF CHANGE:		20210628

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CULP INC
		CENTRAL INDEX KEY:			0000723603
		STANDARD INDUSTRIAL CLASSIFICATION:	BROADWOVEN FABRIC MILLS, COTTON [2211]
		IRS NUMBER:				561001967
		STATE OF INCORPORATION:			NC
		FISCAL YEAR END:			0503

	FILING VALUES:
		FORM TYPE:		11-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-12597
		FILM NUMBER:		211050903

	BUSINESS ADDRESS:	
		STREET 1:		1823 EASTCHESTER DRIVE
		CITY:			HIGH POINT
		STATE:			NC
		ZIP:			27265
		BUSINESS PHONE:		3368895161

	MAIL ADDRESS:	
		STREET 1:		P O BOX 2686
		CITY:			HIGH POINT
		STATE:			NC
		ZIP:			27265
</SEC-HEADER>
<DOCUMENT>
<TYPE>11-K
<SEQUENCE>1
<FILENAME>a52450907.htm
<DESCRIPTION>CULP, INC. 11-K
<TEXT>
<html>
  <head>
    <title></title>
    <!-- Licensed to: Business Wire
         Document created using EDGARfilings PROfile 7.5.0.0
         Copyright 1995 - 2021 Broadridge -->
  </head>
<body bgcolor="#ffffff" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; text-align: left; color: #000000;">
  <div>
    <div style="text-align: center; font-family: 'Times New Roman',Times,serif; font-size: 16pt; font-weight: bold;">UNITED STATES</div>
    <div style="text-align: center; font-family: 'Times New Roman',Times,serif; font-size: 16pt; font-weight: bold;">SECURITIES AND EXCHANGE COMMISSION</div>
    <div style="text-align: center; font-family: 'Times New Roman',Times,serif; font-weight: bold;">Washington, DC&#160; 20549</div>
    <div><br>
    </div>
    <div style="text-align: center; font-family: 'Times New Roman',Times,serif; font-size: 16pt; font-weight: bold;">FORM 11-K</div>
    <div><br>
    </div>
    <div style="text-align: center; font-family: 'Times New Roman',Times,serif; font-weight: bold;">Annual Report pursuant to Section 15(d) of the Securities Exchange Act of 1934</div>
    <div><br>
    </div>
    <div style="font-family: 'Times New Roman',Times,serif; font-weight: bold; text-align: center;">For the fiscal year ended December 31, 2020</div>
    <div><br>
    </div>
    <div style="text-align: center; font-family: 'Times New Roman',Times,serif; font-weight: bold;">COMMISSION FILE NO. 1-12597</div>
    <div><br>
    </div>
    <div style="font-family: 'Times New Roman',Times,serif; margin-left: 72pt; font-weight: bold;">A.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Full title of the Plan and the address of the Plan, if different from that of the issuer named below:</div>
    <div><br>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" border="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; color: #000000; width: 100%;" id="zabf1794eacc648c495a98c3a67fe2913">

          <tr>
            <td style="width: 100%; border-color: rgb(0, 0, 0); border-style: solid; border-width: 2px;">
              <div style="background-color: #E6E6E6;">
                <div style="text-align: center; font-family: 'Times New Roman',Times,serif; font-weight: bold;">CULP, INC.&#160;&#160; EMPLOYEES&#8217; RETIREMENT BUILDER PLAN</div>
              </div>
            </td>
          </tr>

      </table>
    </div>
    <br>
    <div style="font-family: 'Times New Roman',Times,serif; margin-left: 72pt; font-weight: bold;">B.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Name of issuer of the securities held pursuant to the Plan and the address of its principal executive office:</div>
    <div><br>
    </div>
    <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman',Times,serif; font-weight: bold;">&#160;&#160;&#160;CULP, INC.</div>
    <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman',Times,serif; font-weight: bold;">&#160;&#160;&#160;1823 EASTCHESTER DRIVE</div>
    <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman',Times,serif; font-weight: bold;">&#160;&#160;&#160;HIGH POINT, NORTH CAROLINA 27265</div>
    <div><br>
    </div>
    <div style="text-align: justify; font-family: 'Times New Roman',Times,serif; font-weight: bold;">There were no material changes in the Plan or the Investment Policy of the Plan.&#160; Culp, Inc. has made no profit-sharing contributions during the past five
      years.&#160; The number of participants in the Plan as of December 31, 2020 was 918. The Retirement Committee administers the Plan, and its members are Robert G. Culp, IV, Kenneth R. Bowling, and Teresa A. Huffman, all employees of Culp, Inc.</div>
    <div><br>
    </div>
    <div style="text-align: justify; margin-left: 72pt; font-family: 'Times New Roman',Times,serif; font-weight: bold;"><u>Financial Statements and Exhibits</u></div>
    <div><br>
    </div>
    <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman',Times,serif; font-weight: bold;">(a)&#160; Financial Statements.&#160; A list of all financial statements filed as part of this report, beginning on page 1, is set forth below:</div>
    <div><br>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" border="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; color: #000000; width: 100%;" id="za88cb529a3b64ef6890a2df23c685d40">

          <tr>
            <td style="width: 6%;">
              <div>&#160;</div>
            </td>
            <td style="width: 34%;"><u><font style="font-weight: bold;">Financial Statements</font></u></td>
            <td colspan="5"><u><font style="font-weight: bold;">Page of Report</font></u></td>
          </tr>
          <tr>
            <td style="width: 6%;">
              <div>&#160;</div>
            </td>
            <td style="width: 34%;">
              <div>&#160;</div>
            </td>
            <td colspan="5"><br>
            </td>
          </tr>
          <tr>
            <td style="width: 6%;">
              <div>&#160;</div>
            </td>
            <td style="width: 34%; font-weight: bold;">Report of Independent Registered Public Accounting Firm</td>
            <td style="width: 4%; font-weight: bold; text-align: right;">1<br>
            </td>
            <td style="width: 3.69%; font-weight: bold;">&#160;</td>
            <td style="width: 7.38%; font-weight: bold;">&#160;</td>
            <td style="width: 14.75%; font-weight: bold;">&#160;</td>
            <td style="width: 29.5%; font-weight: bold;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 6%;">
              <div>&#160;</div>
            </td>
            <td style="width: 34%; font-weight: bold;">Statements of Net Assets Available for Benefits</td>
            <td style="width: 4%; font-weight: bold; text-align: right;">3<br>
            </td>
            <td style="width: 3.69%; font-weight: bold;">&#160;</td>
            <td style="width: 7.38%; font-weight: bold;">&#160;</td>
            <td style="width: 14.75%; font-weight: bold;">&#160;</td>
            <td style="width: 29.5%; font-weight: bold;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 6%;">
              <div>&#160;</div>
            </td>
            <td style="width: 34%; font-weight: bold;">Statements of Changes in Net Assets Available for Benefits</td>
            <td style="width: 4%; font-weight: bold; text-align: right;">4<br>
            </td>
            <td style="width: 3.69%; font-weight: bold;">&#160;</td>
            <td style="width: 7.38%; font-weight: bold;">&#160;</td>
            <td style="width: 14.75%; font-weight: bold;">&#160;</td>
            <td style="width: 29.5%; font-weight: bold;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 6%;">
              <div>&#160;</div>
            </td>
            <td style="width: 34%; font-weight: bold;">Notes to Financial Statements</td>
            <td style="width: 4%; font-weight: bold; text-align: right;">5<br>
            </td>
            <td style="width: 3.69%; font-weight: bold;">&#160;</td>
            <td style="width: 7.38%; font-weight: bold;">&#160;</td>
            <td style="width: 14.75%; font-weight: bold;">&#160;</td>
            <td style="width: 29.5%; font-weight: bold;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 6%;">
              <div>&#160;</div>
            </td>
            <td style="width: 34%; font-weight: bold;">Schedule of Delinquent Participant Contributions</td>
            <td style="width: 4%; font-weight: bold; text-align: right;">11<br>
            </td>
            <td style="width: 3.69%; font-weight: bold;">&#160;</td>
            <td style="width: 7.38%; font-weight: bold;">&#160;</td>
            <td style="width: 14.75%; font-weight: bold;">&#160;</td>
            <td style="width: 29.5%; font-weight: bold;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 6%;">
              <div>&#160;</div>
            </td>
            <td style="width: 34%; font-weight: bold;">Schedule of Assets (Held at End of Year)</td>
            <td style="width: 4%; font-weight: bold; text-align: right;">12<br>
            </td>
            <td style="width: 3.69%; font-weight: bold;">&#160;</td>
            <td style="width: 7.38%; font-weight: bold;">&#160;</td>
            <td style="width: 14.75%; font-weight: bold;">&#160;</td>
            <td style="width: 29.5%; font-weight: bold;">&#160;</td>
          </tr>

      </table>
    </div>
    <div style="font-family: 'Times New Roman',Times,serif;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </div>
    <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman',Times,serif; font-weight: bold;">(b)&#160; <font style="font-family: 'Times New Roman', Times, serif;"><u>Exhibits</u></font></div>
    <div><br>
    </div>
    <div style="text-align: justify; font-family: 'Times New Roman',Times,serif; font-weight: bold; margin-left: 72pt;">Exhibit 23(a) &#8211; Consent of Independent Registered Public Accounting Firm</div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
      <div style="page-break-after: always;" id="DSPFPageBreak">
        <hr noshade="noshade" style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;"></div>
    </div>
    <div style="text-align: center; font-family: 'Times New Roman',Times,serif; font-weight: bold;">SIGNATURES</div>
    <div><br>
    </div>
    <div style="font-family: 'Times New Roman',Times,serif; font-weight: bold;">Pursuant to the requirements of the Securities Exchange Act of 1934, the plan administrator has duly caused this annual report to be signed on its behalf by the undersigned
      hereunto duly authorized.</div>
    <div><br>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" border="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; color: #000000; width: 100%;" id="zc675c6750a52478d9dc9826b9b4c1bab">

          <tr>
            <td style="width: 45%;">
              <div>&#160;</div>
            </td>
            <td style="width: 55%;">
              <div style="text-align: left; font-weight: bold;">CULP, INC. EMPLOYEES' RETIREMENT BUILDER PLAN</div>
            </td>
          </tr>
          <tr>
            <td style="width: 45%;">
              <div>&#160;</div>
            </td>
            <td style="width: 55%;">
              <div>&#160;</div>
            </td>
          </tr>
          <tr>
            <td style="width: 45%;">
              <div>&#160;</div>
            </td>
            <td style="width: 55%;">
              <div style="text-align: left; font-weight: bold;">By:&#160; Culp, Inc., Plan Administrator</div>
            </td>
          </tr>
          <tr>
            <td style="width: 45%;">
              <div>&#160;</div>
            </td>
            <td style="width: 55%;">
              <div>&#160;</div>
            </td>
          </tr>
          <tr>
            <td style="width: 45%;">
              <div>&#160;</div>
            </td>
            <td style="width: 55%;">
              <div>
                <div style="text-align: left; font-weight: bold;">By:&#160; The Culp, Inc. Retirement Committee</div>
              </div>
            </td>
          </tr>

      </table>
    </div>
    <div><br>
    </div>
    <div>
      <div style="text-align: justify; font-weight: bold;">Date:&#160; June 28, 2021</div>
    </div>
    <div><br>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" border="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; color: #000000; width: 100%;" id="z7a665d547b0e4ae5b1c6d6f334fcfdb7">

          <tr>
            <td style="width: 47%;">
              <div>&#160;</div>
            </td>
            <td style="width: 53%;">
              <div style="text-align: left; font-weight: bold;"><u>/s/ Robert G. Culp, IV</u></div>
            </td>
          </tr>
          <tr>
            <td style="width: 47%;">
              <div>&#160;</div>
            </td>
            <td style="width: 53%;">
              <div style="text-align: left; font-family: 'Times New Roman',Times,serif; font-weight: bold; margin-left: 9pt;">Robert G. Culp, IV</div>
            </td>
          </tr>
          <tr>
            <td style="width: 47%;">
              <div>&#160;</div>
            </td>
            <td style="width: 53%;">
              <div>&#160;</div>
            </td>
          </tr>
          <tr>
            <td style="width: 47%;">
              <div>&#160;</div>
            </td>
            <td style="width: 53%;"><br>
            </td>
          </tr>
          <tr>
            <td style="width: 47%;">
              <div>&#160;</div>
            </td>
            <td style="width: 53%;">
              <div style="text-align: left; font-weight: bold;"><u>/s/ Kenneth R. Bowling</u></div>
            </td>
          </tr>
          <tr>
            <td style="width: 47%;">
              <div>&#160;</div>
            </td>
            <td style="width: 53%;">
              <div style="text-align: left; font-family: 'Times New Roman',Times,serif; font-weight: bold; margin-left: 9pt;">Kenneth R. Bowling</div>
            </td>
          </tr>
          <tr>
            <td style="width: 47%;">
              <div>&#160;</div>
            </td>
            <td style="width: 53%;">
              <div>&#160;</div>
            </td>
          </tr>
          <tr>
            <td style="width: 47%;">
              <div>&#160;</div>
            </td>
            <td style="width: 53%;">
              <div>&#160;</div>
            </td>
          </tr>
          <tr>
            <td style="width: 47%;">
              <div>&#160;</div>
            </td>
            <td style="width: 53%;">
              <div style="text-align: left; font-weight: bold;"><u>/s/ Teresa A. Huffman</u></div>
            </td>
          </tr>
          <tr>
            <td style="width: 47%;">
              <div>&#160;</div>
            </td>
            <td style="width: 53%;">
              <div style="text-align: left; font-family: 'Times New Roman',Times,serif; font-weight: bold; margin-left: 9pt;">Teresa A. Huffman</div>
            </td>
          </tr>

      </table>
    </div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
      <div style="page-break-after: always;" id="DSPFPageBreak">
        <hr noshade="noshade" style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;"></div>
    </div>
    <div>
      <div>
        <div style="font-weight: bold;">Culp, Inc. Employees&#8217; Retirement Builder Plan</div>
      </div>
      <div>
        <hr noshade="noshade" align="center" style="height: 4px; color: #000000; background-color: #000000; text-align: center; margin-left: auto; margin-right: auto; border: none;"> </div>
      <div><br>
      </div>
      <div style="font-weight: bold;">TABLE OF CONTENTS</div>
    </div>
    <div><br>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" border="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; color: #000000; width: 100%;" id="z2ec714e428a24236843f9891be427e57">

          <tr>
            <td style="width: 95%;">
              <div>&#160;</div>
            </td>
            <td style="width: 5%;">
              <div style="text-align: left;"><u>Page No.</u></div>
            </td>
          </tr>
          <tr>
            <td style="width: 95%;">
              <div>&#160;</div>
            </td>
            <td style="width: 5%;">
              <div>&#160;</div>
            </td>
          </tr>
          <tr>
            <td style="width: 95%;">
              <div style="text-align: left; font-weight: bold;">Report of Independent Registered Public Accounting Firm</div>
            </td>
            <td style="width: 5%;">
              <div style="text-align: left;">1-2</div>
            </td>
          </tr>
          <tr>
            <td style="width: 95%;">
              <div>&#160;</div>
            </td>
            <td style="width: 5%;"><br>
            </td>
          </tr>
          <tr>
            <td style="width: 95%;">
              <div style="text-align: left; font-weight: bold;">Financial Statements</div>
            </td>
            <td style="width: 5%;"><br>
            </td>
          </tr>
          <tr>
            <td style="width: 95%;">
              <div>&#160;</div>
            </td>
            <td style="width: 5%;"><br>
            </td>
          </tr>
          <tr>
            <td style="width: 95%;">
              <div style="text-align: left; font-family: 'Times New Roman',Times,serif; margin-left: 9pt;">Statements of Net Assets Available for Benefits</div>
            </td>
            <td style="width: 5%;">3<br>
            </td>
          </tr>
          <tr>
            <td style="width: 95%;">
              <div>&#160;</div>
            </td>
            <td style="width: 5%;"><br>
            </td>
          </tr>
          <tr>
            <td style="width: 95%;">
              <div style="text-align: left; font-family: 'Times New Roman',Times,serif; margin-left: 9pt;">Statements of Changes in Net Assets Available for Benefits</div>
            </td>
            <td style="width: 5%;">4<br>
            </td>
          </tr>
          <tr>
            <td style="width: 95%;">
              <div>&#160;</div>
            </td>
            <td style="width: 5%;">
              <div>&#160;</div>
            </td>
          </tr>
          <tr>
            <td style="width: 95%;">
              <div style="text-align: left; font-family: 'Times New Roman',Times,serif; margin-left: 9pt;">Notes to Financial Statements</div>
            </td>
            <td style="width: 5%;">5-10<br>
            </td>
          </tr>
          <tr>
            <td style="width: 95%;">
              <div>&#160;</div>
            </td>
            <td style="width: 5%;">
              <div>&#160;</div>
            </td>
          </tr>
          <tr>
            <td style="width: 95%;">
              <div style="text-align: left; font-weight: bold;">Supplemental Information</div>
            </td>
            <td style="width: 5%;">
              <div>&#160;</div>
            </td>
          </tr>
          <tr>
            <td style="width: 95%;">
              <div>&#160;</div>
            </td>
            <td style="width: 5%;">
              <div>&#160;</div>
            </td>
          </tr>
          <tr>
            <td style="width: 95%;">
              <div style="text-align: left; font-family: 'Times New Roman',Times,serif; margin-left: 9pt;">Schedule H, Line 4a - Schedule of Delinquent Participant Contributions</div>
            </td>
            <td style="width: 5%;">11<br>
            </td>
          </tr>
          <tr>
            <td style="width: 95%;">
              <div>&#160;</div>
            </td>
            <td style="width: 5%;">
              <div>&#160;</div>
            </td>
          </tr>
          <tr>
            <td style="width: 95%;">
              <div style="text-align: left; font-family: 'Times New Roman',Times,serif; margin-left: 9pt;">Schedule H, Line 4i - Schedule of Assets (Held at End of Year)</div>
            </td>
            <td style="width: 5%;">12<br>
            </td>
          </tr>

      </table>
    </div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
      <div style="page-break-after: always;" id="DSPFPageBreak">
        <hr noshade="noshade" style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;"></div>
    </div>
    <div>
      <div style="font-weight: bold;">CULP, INC. EMPLOYEES' RETIREMENT BUILDER PLAN</div>
      <div style="font-weight: bold;">
        <hr noshade="noshade" align="center" style="height: 4px; color: #000000; background-color: #000000; text-align: center; margin-left: auto; margin-right: auto; border: none;"> </div>
    </div>
    <div> <br>
    </div>
    <div>
      <div><br>
      </div>
      <div style="font-weight: bold;">Report of Independent Registered Public Accounting Firm</div>
      <div><br>
      </div>
      <div>To the Plan Participants and Retirement Committee of the</div>
      <div>Culp, Inc. Employees&#8217; Retirement Builder Plan</div>
      <div>High Point, North Carolina</div>
      <div><br>
      </div>
      <div style="text-align: justify; font-weight: bold;">Opinion on the Financial Statements</div>
      <div><br>
      </div>
      <div style="text-align: justify;">We have audited the accompanying statements of net assets available for benefits of the Culp, Inc. Employees&#8217; Retirement Builder Plan (the &#8220;Plan&#8221;) as of December 31, 2020, and 2019, the related statements of changes
        in net assets available for benefits for the years ended December 31, 2020, 2019 and 2018, and the related notes (collectively, the &#8220;financial statements&#8221;). In our opinion, the financial statements present fairly, in all material respects, the net
        assets available for benefits of the Plan as of December 31, 2020, and 2019, and the changes in net assets available for benefits for the years ended December 31, 2020, 2019, and 2018, in conformity with accounting principles generally accepted in
        the United States of America.</div>
      <div><br>
      </div>
      <div style="text-align: justify; font-weight: bold;">Basis for Opinion</div>
      <div><br>
      </div>
      <div style="text-align: justify;">These financial statements are the responsibility of the Plan&#8217;s management. Our responsibility is to express an opinion on the Plan&#8217;s financial statements based on our audits. We are a public accounting firm
        registered with the Public Company Accounting Oversight Board (United States) (&#8220;PCAOB&#8221;) and are required to be independent with respect to the Plan in accordance with the U.S. federal securities laws and the applicable rules and regulations of the
        Securities and Exchange Commission and the PCAOB.</div>
      <div><br>
      </div>
      <div style="text-align: justify;">We conducted our audits in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of
        material misstatement, whether due to error or fraud. The Plan is not required to have, nor were we engaged to perform, an audit of its internal control over financial reporting. As part of our audits, we are required to obtain an understanding of
        internal control over financial reporting but not for the purpose of expressing an opinion on the effectiveness of the Plan&#8217;s internal control over financial reporting. Accordingly, we express no such opinion.</div>
      <div><br>
      </div>
      <div style="text-align: justify;">Our audits included performing procedures to assess the risk of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures
        included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our audits also included evaluating the accounting principles used and significant estimates made by the Plan&#8217;s management, as well as
        evaluating the overall presentation of the financial statements. We believe that our audits provide a reasonable basis for our opinion.</div>
    </div>
    <div> <br>
    </div>
    <div> <br>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" border="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; color: #000000; width: 100%;" id="z9797bd744aef445c8ad2576fc7d2b4b4">

          <tr>
            <td style="width: 100%; text-align: right;">
              <div style="font-weight: bold;">Page 1</div>
            </td>
          </tr>

      </table>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
        <div style="page-break-after: always;" id="DSPFPageBreak">
          <hr noshade="noshade" style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;"></div>
      </div>
      <div>
        <div>
          <div style="font-weight: bold;">CULP, INC. EMPLOYEES' RETIREMENT BUILDER PLAN</div>
          <div style="font-weight: bold;">
            <hr noshade="noshade" align="center" style="height: 4px; color: #000000; background-color: #000000; text-align: center; margin-left: auto; margin-right: auto; border: none;"> </div>
        </div>
      </div>
      <div>
        <div><br>
        </div>
        <div style="text-align: justify; font-weight: bold;">Supplemental Information</div>
        <div><br>
        </div>
        <div style="text-align: justify;">The supplemental information in the accompanying schedule of assets (held at end of year) as of December 31, 2020, and the schedule of delinquent participant contributions for the year ended December 31, 2020, has
          been subjected to audit procedures performed in conjunction with the audit of the Plan&#8217;s financial statements. The supplemental information is presented for the purpose of additional analysis and is not a required part of the financial statements
          but included supplemental information required by the Department of Labor&#8217;s Rules and Regulations for Reporting and Disclosure under the Employee Retirement Income Security Act of 1974. The supplemental information is the responsibility of the
          Plan&#8217;s management. Our audit procedures included determining whether the supplemental information reconciles to the financial statements or the underlying accounting and other records, as applicable, and performing procedures to test the
          completeness and accuracy of the information presented in the supplemental information. In forming our opinion on the supplemental information, we evaluated whether the supplemental information, including its form and content, is presented in
          conformity with the Department of Labor&#8217;s Rules and Regulations for Reporting and Disclosure under the Employee Retirement Income Security Act of 1974. In our opinion, the supplemental information is fairly stated, in all material respects, in
          relation to the financial statements as a whole.</div>
        <div><br>
        </div>
        <div>/s/ Smith Leonard PLLC</div>
        <div><br>
        </div>
        <div>We have served as the Plan&#8217;s auditor since 2012.</div>
        <div><br>
        </div>
        <div style="text-align: justify;">High Point, North Carolina</div>
        <div><br>
        </div>
        <div>June 28, 2021</div>
        <div> <br>
        </div>
        <div> <br>
        </div>
        <div>
          <table cellspacing="0" cellpadding="0" border="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; color: #000000; width: 100%;" id="zf990b2131950403e9540a764cd1f5f99">

              <tr>
                <td style="width: 100.00%;">
                  <div style="text-align: right; font-weight: bold;">Page 2<br>
                  </div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
        <div style="page-break-after: always;" id="DSPFPageBreak">
          <hr noshade="noshade" style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;"></div>
      </div>
      <div>
        <table cellspacing="0" cellpadding="0" border="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; text-align: left; color: #000000; width: 100%;" id="z990bf3bc522d4172991a531f6d6a742e">

            <tr>
              <td valign="bottom" style="vertical-align: top;">
                <div style="font-weight: bold;">CULP, INC. EMPLOYEES&#8217; RETIREMENT BUILDER PLAN</div>
              </td>
              <td valign="bottom" style="vertical-align: top;" colspan="2">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: top;" colspan="2">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom;" colspan="1">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" style="vertical-align: top;" colspan="3">
                <div style="font-weight: bold;">STATEMENTS OF NET ASSETS AVAILABLE FOR BENEFITS</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: top;" colspan="2">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom;" colspan="1">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" style="vertical-align: top;">
                <div style="font-weight: bold;">December 31, 2020 and 2019</div>
              </td>
              <td valign="bottom" style="vertical-align: top;" colspan="2">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: top;" colspan="2">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom;" colspan="1">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" style="vertical-align: top;">&#160;</td>
              <td valign="bottom" style="vertical-align: top;" colspan="2">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: top;" colspan="2">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom;" colspan="1">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" style="vertical-align: top;">&#160;</td>
              <td valign="bottom" style="vertical-align: top;" colspan="2">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: top;" colspan="2">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom;" colspan="1">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" style="vertical-align: top;">&#160;</td>
              <td valign="bottom" style="vertical-align: top;" colspan="2">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: top;" colspan="2">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom;" colspan="1">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" style="vertical-align: top; padding-bottom: 2px;">
                <div style="font-weight: bold;">ASSETS</div>
              </td>
              <td valign="bottom" style="vertical-align: top; border-bottom: #000000 solid 2px;" colspan="2">
                <div style="text-align: center; font-weight: bold;">2020</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; border-bottom: #000000 solid 2px;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: top; border-bottom: #000000 solid 2px;" colspan="2">
                <div style="text-align: center; font-weight: bold;">2019</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; border-bottom: #000000 solid 2px;" colspan="1">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" style="vertical-align: top;">&#160;</td>
              <td valign="bottom" style="vertical-align: top;" colspan="2">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: top;" colspan="2">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom;" colspan="1">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" style="vertical-align: top;">
                <div>Investments, at fair value (Note C)</div>
              </td>
              <td valign="bottom" style="vertical-align: top;" colspan="2">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: top;" colspan="2">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom;" colspan="1">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" style="vertical-align: top; width: 76.78%; font-family: 'Times New Roman',Times,serif;">
                <div>&#160;&#160;&#160;&#160;Registered investment companies</div>
              </td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%;" colspan="1">
                <div>$</div>
              </td>
              <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%;" colspan="1">
                <div>36,809,440</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%;" colspan="1">
                <div>$</div>
              </td>
              <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%;" colspan="1">
                <div>37,674,599</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" style="vertical-align: top; width: 76.78%; font-family: 'Times New Roman',Times,serif;">
                <div>&#160;&#160;&#160;&#160;Common and collective trust fund</div>
              </td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%;" colspan="1">
                <div>8,586,017</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%;" colspan="1">
                <div>5,743,770</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" style="vertical-align: top; width: 76.78%; font-family: 'Times New Roman',Times,serif;">
                <div>&#160;&#160;&#160;&#160;Culp, Inc. common stock</div>
              </td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%;" colspan="1">
                <div>1,675,380</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%;" colspan="1">
                <div>1,050,797</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" style="vertical-align: top; width: 76.78%; font-family: 'Times New Roman',Times,serif;">
                <div>&#160;&#160;&#160;&#160;Money market fund</div>
              </td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">
                <div>70,843</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%; padding-bottom: 2px;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">
                <div>43,113</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" style="vertical-align: top; width: 76.78%;">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%;" colspan="1">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%;" colspan="1">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" style="vertical-align: top; width: 76.78%; padding-bottom: 2px;">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">
                <div>47,141,680</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%; padding-bottom: 2px;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">
                <div>44,512,279</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" style="vertical-align: top; width: 76.78%;">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%;" colspan="1">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%;" colspan="1">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" style="vertical-align: top; width: 76.78%;">
                <div>Receivables</div>
              </td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%;" colspan="1">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%;" colspan="1">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" style="vertical-align: top; width: 76.78%; font-family: 'Times New Roman',Times,serif;">
                <div>&#160;&#160;&#160;Employer contributions</div>
              </td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%;" colspan="1">
                <div>35,495</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%;" colspan="1">
                <div>-</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" style="vertical-align: top; width: 76.78%; font-family: 'Times New Roman',Times,serif;">
                <div>&#160;&#160;&#160;Participant contributions</div>
              </td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">
                <div>65,969</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%; padding-bottom: 2px;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">
                <div>-</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" style="vertical-align: top; width: 76.78%;">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%;" colspan="1">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%;" colspan="1">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" style="vertical-align: top; width: 76.78%; padding-bottom: 2px;">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">
                <div>101,464</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%; padding-bottom: 2px;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">
                <div>-</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" style="vertical-align: top; width: 76.78%;">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%;" colspan="1">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%;" colspan="1">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" style="vertical-align: top; width: 76.78%;">
                <div>NET ASSETS AVAILABLE</div>
              </td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%;" colspan="1">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%;" colspan="1">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" style="vertical-align: top; width: 76.78%; padding-bottom: 4px;">
                <div>FOR BENEFITS</div>
              </td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%; border-bottom: 4px double rgb(0, 0, 0);" colspan="1">
                <div>$</div>
              </td>
              <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; border-bottom: 4px double rgb(0, 0, 0);" colspan="1">
                <div>47,243,144</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%; border-bottom: 4px double rgb(0, 0, 0);" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%; padding-bottom: 4px;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%; border-bottom: 4px double rgb(0, 0, 0);" colspan="1">
                <div>$</div>
              </td>
              <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; border-bottom: 4px double rgb(0, 0, 0);" colspan="1">
                <div>44,512,279</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%; border-bottom: 4px double rgb(0, 0, 0);" colspan="1">&#160;</td>
            </tr>

        </table>
        <div> <br>
        </div>
        <div>
          <table cellspacing="0" cellpadding="0" border="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; color: #000000; width: 100%;" id="z16c6090ae9cf459f8cd6f6fe1f92561c">

              <tr>
                <td style="width: 100%; text-align: right;"><font style="font-weight: bold;">Page 3</font><br>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
        <div style="page-break-after: always;" id="DSPFPageBreak">
          <hr noshade="noshade" style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;"></div>
      </div>
      <div>
        <table cellspacing="0" cellpadding="0" border="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; text-align: left; color: #000000; width: 100%;" id="z026da58f221f430cb67743b2975aba54">

            <tr>
              <td valign="bottom" style="vertical-align: top;" colspan="3">
                <div style="font-weight: bold;">CULP, INC. EMPLOYEES&#8217; RETIREMENT BUILDER PLAN</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: top;" colspan="2">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: top;" colspan="2">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom;" colspan="1">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" style="vertical-align: top;" colspan="7">
                <div style="font-weight: bold;">STATEMENTS OF CHANGES IN NET ASSETS AVAILABLE FOR BENEFITS</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: top;" colspan="2">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom;" colspan="1">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" style="vertical-align: top;" colspan="3">
                <div style="font-weight: bold;">Years Ended December 31, 2020, 2019, and 2018</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: top;" colspan="2">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: top;" colspan="2">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom;" colspan="1">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" style="vertical-align: top;">&#160;</td>
              <td valign="bottom" style="vertical-align: top;" colspan="2">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: top;" colspan="2">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: top;" colspan="2">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom;" colspan="1">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" style="vertical-align: top;">&#160;</td>
              <td valign="bottom" style="vertical-align: top;" colspan="2">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: top;" colspan="2">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: top;" colspan="2">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom;" colspan="1">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" style="vertical-align: top;">&#160;</td>
              <td valign="bottom" style="vertical-align: top;" colspan="2">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: top;" colspan="2">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: top;" colspan="2">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom;" colspan="1">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" style="vertical-align: top; padding-bottom: 2px;">&#160;</td>
              <td valign="bottom" style="vertical-align: top; border-bottom: #000000 solid 2px;" colspan="2">
                <div style="text-align: center; font-weight: bold;"> 2020</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; border-bottom: #000000 solid 2px;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: top; border-bottom: #000000 solid 2px;" colspan="2">
                <div style="text-align: center; font-weight: bold;">2019</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; border-bottom: #000000 solid 2px;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: top; border-bottom: #000000 solid 2px;" colspan="2">
                <div style="text-align: center; font-weight: bold;">2018</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; border-bottom: #000000 solid 2px;" colspan="1">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" style="vertical-align: top;">&#160;</td>
              <td valign="bottom" style="vertical-align: top;" colspan="2">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: top;" colspan="2">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: top;" colspan="2">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom;" colspan="1">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" style="vertical-align: top;">
                <div style="font-weight: bold;">CHANGES IN NET ASSETS ATTRIBUTED TO :</div>
              </td>
              <td valign="bottom" style="vertical-align: top;" colspan="2">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: top;" colspan="2">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: top;" colspan="2">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom;" colspan="1">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" style="vertical-align: top;">&#160;</td>
              <td valign="bottom" style="vertical-align: top;" colspan="2">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: top;" colspan="2">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: top;" colspan="2">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom;" colspan="1">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" style="vertical-align: top;">
                <div>Investment income (loss)</div>
              </td>
              <td valign="bottom" style="vertical-align: top;" colspan="2">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: top;" colspan="2">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: top;" colspan="2">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom;" colspan="1">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" style="vertical-align: top;">
                <div>Net appreciation (depreciation) in fair value</div>
              </td>
              <td valign="bottom" style="vertical-align: top;" colspan="2">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: top;" colspan="2">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: top;" colspan="2">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom;" colspan="1">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" style="vertical-align: top; width: 64.66%;">
                <div>&#160;of investments</div>
              </td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%;" colspan="1">
                <div>$</div>
              </td>
              <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%;" colspan="1">
                <div>4,315,513</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%;" colspan="1">
                <div>$</div>
              </td>
              <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%;" colspan="1">
                <div>6,293,400</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%;" colspan="1">
                <div>$</div>
              </td>
              <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%;" colspan="1">
                <div>(5,084,644</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%;" colspan="1">
                <div>)</div>
              </td>
            </tr>
            <tr>
              <td valign="bottom" style="vertical-align: top; width: 64.66%; padding-bottom: 2px;">
                <div>Interest and dividends</div>
              </td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">
                <div>1,447,900</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%; padding-bottom: 2px;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">
                <div>1,576,311</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%; padding-bottom: 2px;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">
                <div>2,133,824</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" style="vertical-align: top; width: 64.66%;">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%;" colspan="1">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%;" colspan="1">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%;" colspan="1">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" style="vertical-align: top; width: 64.66%; padding-bottom: 2px;">
                <div>&#160;&#160;&#160;Total investment income (loss)</div>
              </td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">
                <div>5,763,413</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%; padding-bottom: 2px;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">
                <div>7,869,711</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%; padding-bottom: 2px;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">
                <div>(2,950,820</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">
                <div>)</div>
              </td>
            </tr>
            <tr>
              <td valign="bottom" style="vertical-align: top; width: 64.66%;">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%;" colspan="1">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%;" colspan="1">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%;" colspan="1">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" style="vertical-align: top; width: 64.66%;">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%;" colspan="1">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%;" colspan="1">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%;" colspan="1">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" style="vertical-align: top; width: 64.66%;">
                <div>Contributions</div>
              </td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%;" colspan="1">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%;" colspan="1">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%;" colspan="1">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" style="vertical-align: top; width: 64.66%;">
                <div>Employer</div>
              </td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%;" colspan="1">
                <div>1,029,861</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%;" colspan="1">
                <div>1,097,387</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%;" colspan="1">
                <div>1,079,731</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" style="vertical-align: top; width: 64.66%;">
                <div>Participant</div>
              </td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%;" colspan="1">
                <div>1,816,884</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%;" colspan="1">
                <div>1,938,609</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%;" colspan="1">
                <div>1,900,791</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" style="vertical-align: top; width: 64.66%; padding-bottom: 2px;">
                <div>Direct rollovers</div>
              </td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">
                <div>575,846</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%; padding-bottom: 2px;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">
                <div>338,656</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%; padding-bottom: 2px;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">
                <div>578,498</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" style="vertical-align: top; width: 64.66%;">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%;" colspan="1">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%;" colspan="1">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%;" colspan="1">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" style="vertical-align: top; width: 64.66%; padding-bottom: 2px;">
                <div>&#160;&#160;&#160;Total contributions</div>
              </td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">
                <div>3,422,591</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%; padding-bottom: 2px;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">
                <div>3,374,652</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%; padding-bottom: 2px;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">
                <div>3,559,020</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" style="vertical-align: top; width: 64.66%;">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%;" colspan="1">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%;" colspan="1">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%;" colspan="1">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" style="vertical-align: top; width: 64.66%;">
                <div>&#160;&#160;&#160;Benefits paid to participants</div>
              </td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%;" colspan="1">
                <div>5,688,553</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%;" colspan="1">
                <div>7,010,433</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%;" colspan="1">
                <div>9,092,389</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" style="vertical-align: top; width: 64.66%; padding-bottom: 2px;">
                <div>&#160;&#160;&#160;Administrative expenses</div>
              </td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">
                <div>103,527</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%; padding-bottom: 2px;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">
                <div>110,489</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%; padding-bottom: 2px;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">
                <div>108,063</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" style="vertical-align: top; width: 64.66%;">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%;" colspan="1">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%;" colspan="1">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%;" colspan="1">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" style="vertical-align: top; width: 64.66%;">
                <div>Net increase (decrease) before transfers</div>
              </td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%;" colspan="1">
                <div>3,393,924</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%;" colspan="1">
                <div>4,123,441</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%;" colspan="1">
                <div>(8,592,252</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%;" colspan="1">
                <div>)</div>
              </td>
            </tr>
            <tr>
              <td valign="bottom" style="vertical-align: top; width: 64.66%;">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%;" colspan="1">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%;" colspan="1">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%;" colspan="1">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" style="vertical-align: top; width: 64.66%;">
                <div>Transfers, net (Note G)</div>
              </td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%;" colspan="1">
                <div>(663,059</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%;" colspan="1">
                <div>)</div>
              </td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%;" colspan="1">
                <div>-</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%;" colspan="1">
                <div>-</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" style="vertical-align: top; width: 64.66%;">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%;" colspan="1">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%;" colspan="1">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%;" colspan="1">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" style="vertical-align: top; width: 64.66%;">
                <div>NET ASSETS AVAILABLE</div>
              </td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%;" colspan="1">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%;" colspan="1">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%;" colspan="1">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" style="vertical-align: top; width: 64.66%;">
                <div>&#160;FOR BENEFITS</div>
              </td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%;" colspan="1">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%;" colspan="1">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%;" colspan="1">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" style="vertical-align: top; width: 64.66%; padding-bottom: 2px;">
                <div>Beginning of year</div>
              </td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">
                <div>44,512,279</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%; padding-bottom: 2px;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">
                <div>40,388,838</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%; padding-bottom: 2px;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">
                <div>48,981,090</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" style="vertical-align: top; width: 64.66%;">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%;" colspan="1">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%;" colspan="1">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%;" colspan="1">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%;" colspan="1">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" style="vertical-align: top; width: 64.66%; padding-bottom: 4px;">
                <div>&#160;&#160;&#160;End of year</div>
              </td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%; border-bottom: 4px double rgb(0, 0, 0);" colspan="1">
                <div>$</div>
              </td>
              <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; border-bottom: 4px double rgb(0, 0, 0);" colspan="1">
                <div>47,243,144</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%; border-bottom: 4px double rgb(0, 0, 0);" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%; padding-bottom: 4px;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%; border-bottom: 4px double rgb(0, 0, 0);" colspan="1">
                <div>$</div>
              </td>
              <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; border-bottom: 4px double rgb(0, 0, 0);" colspan="1">
                <div>44,512,279</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%; border-bottom: 4px double rgb(0, 0, 0);" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%; padding-bottom: 4px;" colspan="1">&#160;</td>
              <td valign="bottom" style="vertical-align: bottom; width: 1.04%; border-bottom: 4px double rgb(0, 0, 0);" colspan="1">
                <div>$</div>
              </td>
              <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; border-bottom: 4px double rgb(0, 0, 0);" colspan="1">
                <div>40,388,838</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%; border-bottom: 4px double rgb(0, 0, 0);" colspan="1">&#160;</td>
            </tr>

        </table>
        <div> <br>
        </div>
        <div>
          <table cellspacing="0" cellpadding="0" border="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; color: #000000; width: 100%;" id="zfc43a522a52849cfa51561d47744ca6c">

              <tr>
                <td style="width: 100%; text-align: right;"><font style="font-weight: bold;">Page 4</font><br>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
        <div style="page-break-after: always;" id="DSPFPageBreak">
          <hr noshade="noshade" style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;"></div>
      </div>
      <div>
        <div>
          <div style="font-weight: bold;">CULP, INC. EMPLOYEES' RETIREMENT BUILDER PLAN</div>
          <div style="font-weight: bold;">NOTES TO FINANCIAL STATEMENTS</div>
          <div>
            <div style="font-weight: bold;">DECEMBER 31, 2020, 2019 AND 2018</div>
            <div style="font-weight: bold;">
              <hr noshade="noshade" align="center" style="height: 4px; color: #000000; background-color: #000000; text-align: center; margin-left: auto; margin-right: auto; border: none;"> </div>
          </div>
        </div>
        <div>
          <div style="text-align: justify; font-weight: bold;"> <br>
          </div>
          <div style="text-align: justify; font-weight: bold;">NOTE A - DESCRIPTION OF PLAN</div>
          <div><br>
          </div>
          <div style="text-align: justify;">The following description of the Culp, Inc. Employees&#8217; Retirement Builder Plan (the &#8220;Plan&#8221;) provides only general information. Participants should refer to the summary plan description for a more complete
            description of the Plan&#8217;s provisions.</div>
          <div><br>
          </div>
          <div style="text-align: justify;"><u>General</u></div>
          <div><br>
          </div>
          <div style="text-align: justify;">The Plan is a defined contribution plan covering all full-time employees of Culp, Inc., and its subsidiaries (the &#8220;Company&#8221;) who have three months of continuous service and are at least 21 years of age. Employees
            who elect to participate in the Plan may do so in the next available payroll period. The Plan is subject to the provisions of the Employee Retirement Income Security Act of 1974 (&#8220;ERISA&#8221;).</div>
          <div><br>
          </div>
          <div style="text-align: justify;">On April 1, 2018, the Company acquired Read Window Products, Inc. (Read), a turn-key provider of window treatments that offers sourcing of upholstery fabrics and other products, measuring, and installation
            services of their own products for the hospitality and commercial industries. Eligible employees associated with Read were able to participate in the Plan as of April 1, 2018.</div>
          <div><br>
          </div>
          <div style="text-align: justify;"><u>Coronavirus (COVID-19)</u></div>
          <div><br>
          </div>
          <div style="text-align: justify;">On March 27, 2020, the Coronavirus Aid Relief and Economic Security Act, also known as the CARES Act, was signed into law by President Donald J. Trump. The CARES act contains several provisions that temporarily
            affect 401(k) plans through December 31, 2020. These provisions include the waiver of required minimum distributions, a new hardship withdrawal option, increased loan limits, and a loan payment pause option. The Company has incorporated the
            required minimum distributions and new hardship withdrawal option provisions into Plan. The requirements regarding the increased loan limits and a loan payment pause option were not incorporated into the Plan, as the Plan does not permit loans
            to participants.</div>
          <div><br>
          </div>
          <div style="text-align: justify;">The Company did not make any additional changes to the provisions of the Plan, as employer matching contributions are still in effect and participants can continue to make salary deferral contributions to the
            Plan.</div>
          <div><br>
          </div>
          <div style="text-align: justify;"><u>Contributions</u></div>
          <div><br>
          </div>
          <div>Each year, participants may contribute compensation, as defined in the Plan document, subject to certain Internal Revenue Code (IRC) limitations. Participants who have attained age 50 before the end of the Plan year are eligible to make
            catch-up contributions. Participants may also contribute amounts representing distributions from other qualified defined benefit or defined contribution plans. Participants direct the investment of their contributions into various investment
            options offered by the Plan. The Plan currently offers various registered investment company funds, one common and collective trust fund, and Culp, Inc. common stock as investment options for participants. The Company makes matching safe harbor
            contributions equal to 100% of the participant&#8217;s contribution up to the first 4% of annual compensation contributed to the Plan. An employee who is eligible to participate in the Plan but does not either affirmatively elect to decline
            participation or designate a specified amount to be contributed to the Plan, is required to have their compensation reduced by 3%, which is in turn contributed into the Plan&#8217;s Mass Mutual Select T. Rowe Price Retirement Series.</div>
          <div> <br>
          </div>
          <div>
            <table cellspacing="0" cellpadding="0" border="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; color: #000000; width: 100%;" id="z20e262b595114e298a71ae7ddffbca6d">

                <tr>
                  <td style="width: 100%; text-align: right;"><font style="font-weight: bold;">Page 5</font><br>
                  </td>
                </tr>

            </table>
          </div>
        </div>
      </div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
        <div style="page-break-after: always;" id="DSPFPageBreak">
          <hr noshade="noshade" style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;"></div>
      </div>
      <div>
        <div>
          <div style="font-weight: bold;">CULP, INC. EMPLOYEES' RETIREMENT BUILDER PLAN</div>
          <div style="font-weight: bold;">NOTES TO FINANCIAL STATEMENTS</div>
          <div>
            <div style="font-weight: bold;">DECEMBER 31, 2020, 2019 AND 2018</div>
            <div style="font-weight: bold;">
              <hr noshade="noshade" align="center" style="height: 4px; color: #000000; background-color: #000000; text-align: center; margin-left: auto; margin-right: auto; border: none;"> </div>
          </div>
        </div>
      </div>
      <div> <br>
      </div>
      <div>
        <div style="text-align: justify;">Effective January 1, 2020, employees who elected to participate in the Plan are required to contribute at least 2% of their annual compensation to the Plan.</div>
        <div><br>
        </div>
        <div style="text-align: justify;">Additional profit-sharing amounts may be contributed at the option of the Company.&#160; No profit-sharing contributions were made during the years ended December 31, 2020, 2019, or 2018.</div>
        <div><br>
        </div>
        <div style="text-align: justify;"><u>Participant Accounts</u></div>
        <div><br>
        </div>
        <div style="text-align: justify;">Each participant&#8217;s account is credited with the participant&#8217;s contributions and Company matching contributions, as well as allocations of (a) the Company&#8217;s profit-sharing contributions, (b) Plan earnings, and (c)
          Plan administrative expenses. Allocations are based on participant earnings, account balances, or specific transactions, as defined in the Plan. The benefit to which a participant is entitled is the benefit that can be provided from the
          participant&#8217;s vested account.</div>
        <div><br>
        </div>
        <div style="text-align: justify;"><u>Vesting</u></div>
        <div><br>
        </div>
        <div style="text-align: justify;">Participants are immediately vested in their own voluntary contributions and the Company&#8217;s matching contributions plus actual earnings thereon.</div>
        <div><br>
        </div>
        <div><u>Notes Receivable from Participants</u></div>
        <div><br>
        </div>
        <div style="text-align: justify;">Notes receivable from participants are not permitted by the Plan.</div>
        <div><br>
        </div>
        <div style="text-align: justify;"><u>Payment of Benefits</u></div>
        <div><br>
        </div>
        <div style="text-align: justify;">Upon termination of service due to death, disability, retirement, or other reasons as defined by the Plan, participants receive a lump-sum distribution equal to the value of the participant&#8217;s vested interest in the
          Plan. In-service distributions may be made to participants who have reached age 59 1/2. Withdrawals from the Plan may also be made upon circumstances of financial hardship, in accordance with provisions specified by the Plan.</div>
        <div><br>
        </div>
        <div style="text-align: justify; font-weight: bold;">NOTE B - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES</div>
        <div><br>
        </div>
        <div style="font-family: 'Times New Roman',Times,serif;"><u>Basis of Accounting</u></div>
        <div><br>
        </div>
        <div style="text-align: justify;">The financial statements of the Plan are prepared under the accrual basis of accounting in conformity with accounting principles generally accepted in the United States of America.</div>
        <div><br>
        </div>
        <div style="text-align: justify;"><u>Investment Valuation and Income Recognition</u></div>
        <div><br>
        </div>
        <div>The Plan&#8217;s investments are stated at fair value.&#160; Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. Purchases and
          sales of securities are recorded on a trade-date basis. Interest income is recorded on the accrual basis. Dividends are recorded on the ex-dividend date. Net appreciation or depreciation includes the Plan's gains and losses on investments bought
          and sold as well as held during the year.</div>
      </div>
      <div> <br>
      </div>
      <div>
        <table cellspacing="0" cellpadding="0" border="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; color: #000000; width: 100%;" id="z3ec4f71fc12a40d39dc6db7233068903">

            <tr>
              <td style="width: 100%; text-align: right;"><font style="font-weight: bold;">Page 6</font><br>
              </td>
            </tr>

        </table>
      </div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
        <div style="page-break-after: always;" id="DSPFPageBreak">
          <hr noshade="noshade" style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;"></div>
      </div>
      <div>
        <div>
          <div>
            <div style="font-weight: bold;">CULP, INC. EMPLOYEES' RETIREMENT BUILDER PLAN</div>
            <div style="font-weight: bold;">NOTES TO FINANCIAL STATEMENTS</div>
            <div>
              <div style="font-weight: bold;">DECEMBER 31, 2020, 2019 AND 2018</div>
              <div style="font-weight: bold;">
                <hr noshade="noshade" align="center" style="height: 4px; color: #000000; background-color: #000000; text-align: center; margin-left: auto; margin-right: auto; border: none;"> </div>
            </div>
          </div>
        </div>
        <div><br>
        </div>
        <div>
          <div style="text-align: justify;"><u>Use of Estimates</u></div>
          <div><br>
          </div>
          <div style="text-align: justify;">The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect certain
            reported amounts of assets and liabilities and changes therein, and disclosures. Actual results could differ from those estimates.</div>
          <div><br>
          </div>
          <div style="text-align: justify;"><u>Payment of Benefits</u></div>
          <div><br>
          </div>
          <div style="text-align: justify;">Benefits are recorded when paid.</div>
          <div><br>
          </div>
          <div style="text-align: justify; font-weight: bold;">NOTE C - FAIR VALUE MEASUREMENTS</div>
          <div><br>
          </div>
          <div style="text-align: justify;">The Financial Accounting Standards Board issued a statement that defines fair value and establishes a framework for measuring fair value.&#160; That framework provides a fair value hierarchy that prioritizes the
            inputs to valuation techniques used to measure fair value. The hierarchy gives the highest priority to quoted market prices in active markets for identical assets or liabilities (Level 1 measurement) and the lowest priority to unobservable
            inputs (Level 3 measurement). The three levels of fair value hierarchy are described as follows:</div>
          <div><br>
          </div>
          <div style="text-align: justify; text-indent: 0pt;">Level 1 - Quoted market prices in active markets for identical assets and liabilities,</div>
          <div><br>
          </div>
          <div style="text-align: justify;">Level 2 - Inputs other than level 1 inputs that are either directly or indirectly observable, and</div>
          <div><br>
          </div>
          <div style="text-align: justify; text-indent: 0pt;">Level 3 - Unobservable inputs developed using the company&#8217;s estimates and assumptions, which reflect those a market participant would use.</div>
          <div><br>
          </div>
          <div style="text-align: justify;">A financial instrument's level within the fair value hierarchy is based on the lowest level of any input that is significant to the fair value measurement. The following is a description of the valuation
            methodologies used for instruments measured at fair value, including the general classification of such instruments pursuant to the valuation hierarchy. There have been no changes in the methodologies used at during the years ended December 31,
            2020, 2019, and 2018, respectively.</div>
          <div><br>
          </div>
          <div style="text-align: justify;"><u>Registered Investment Companies</u></div>
          <div><br>
          </div>
          <div style="text-align: justify;">These investments are public investment vehicles valued using the net asset value (&#8220;NAV&#8221;) provided by the administrator of the fund.&#160; The NAV is based on the value of the underlying assets owned by the fund,
            minus its liabilities, and then divided by the number of shares outstanding. The NAV is a quoted price in an active market and classified within Level 1 of the valuation hierarchy.</div>
          <div><br>
          </div>
          <div style="text-align: justify;"><u>Common and Collective Trust Fund</u></div>
          <div><br>
          </div>
          <div style="text-align: justify;">This investment is valued using the NAV as a practical expedient and is not classified in the fair value hierarchy. There are no participant redemption restrictions for this investment; the redemption notice
            period is applicable only to the Plan.</div>
        </div>
      </div>
      <div> <br>
      </div>
      <div>
        <table cellspacing="0" cellpadding="0" border="0" id="z249c33982dee461ab61c3e82aef40bef" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; color: #000000; width: 100%;">

            <tr>
              <td style="width: 100%; text-align: right;"><font style="font-weight: bold;">Page 7</font><br>
              </td>
            </tr>

        </table>
      </div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div id="DSPFPageBreak" style="page-break-after: always;">
          <hr noshade="noshade" style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;"></div>
      </div>
      <div>
        <div>
          <div>
            <div style="font-weight: bold;">CULP, INC. EMPLOYEES' RETIREMENT BUILDER PLAN</div>
            <div style="font-weight: bold;">NOTES TO FINANCIAL STATEMENTS</div>
            <div>
              <div style="font-weight: bold;">DECEMBER 31, 2020, 2019 AND 2018</div>
              <div style="font-weight: bold;">
                <hr noshade="noshade" align="center" style="height: 4px; color: #000000; background-color: #000000; text-align: center; margin-left: auto; margin-right: auto; border: none;"> </div>
            </div>
          </div>
        </div>
        <div><br>
        </div>
      </div>
      <div>
        <div style="text-align: justify;">The following tables present information for which the NAV per share practical expedient was used:</div>
        <div style="text-align: justify;"> <br>
        </div>
        <div style="text-align: justify;">
          <table cellspacing="0" cellpadding="0" border="0" id="z19507b8b97654ed9bf15fd32ba5ee56f" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; text-align: left; color: #000000; width: 100%;">

              <tr>
                <td valign="bottom" style="vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); width: 42%;">
                  <div> <br>
                  </div>
                  <div> <br>
                  </div>
                </td>
                <td valign="bottom" style="vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); width: 14%;">&#160;</td>
                <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); width: 1.04%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); width: 1.04%;">&#160;</td>
                <td style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); width: 14.14%; text-align: center;">
                  <div>December 31, 2020</div>
                </td>
                <td valign="bottom" style="vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); width: 14.14%;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); width: 14.14%;">&#160;&#160;</td>
              </tr>
              <tr>
                <td valign="bottom" style="vertical-align: top; width: 42%;"><br>
                </td>
                <td valign="bottom" style="vertical-align: top; width: 14%;">&#160;</td>
                <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1.04%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1.04%;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 14.14%;"><br>
                </td>
                <td valign="bottom" style="vertical-align: top; width: 14.14%;">
                  <div style="text-align: center;">Redemption</div>
                </td>
                <td valign="bottom" style="vertical-align: top; width: 14.14%;"><br>
                </td>
              </tr>
              <tr>
                <td valign="bottom" style="vertical-align: top; width: 42%;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 14%;">&#160;</td>
                <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1.04%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1.04%;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 14.14%;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 14.14%;">
                  <div style="text-align: center;">Frequency (If</div>
                </td>
                <td valign="bottom" style="vertical-align: top; width: 14.14%;">&#160;</td>
              </tr>
              <tr>
                <td valign="bottom" style="vertical-align: top; width: 42%;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 14%;">&#160;</td>
                <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1.04%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1.04%;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 14.14%;">
                  <div style="text-align: center;">Unfunded</div>
                </td>
                <td valign="bottom" style="vertical-align: top; width: 14.14%;">
                  <div style="text-align: center;">Currently</div>
                </td>
                <td valign="bottom" style="vertical-align: top; width: 14.14%;">
                  <div style="text-align: center;">Redemption</div>
                </td>
              </tr>
              <tr>
                <td valign="bottom" style="vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); width: 42%;">
                  <div>Description&#160;</div>
                </td>
                <td valign="bottom" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 14%;">
                  <div style="text-align: center;">Fair Value</div>
                </td>
                <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1.04%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1.04%;">&#160;</td>
                <td valign="bottom" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 14.14%;">
                  <div style="text-align: center;">Commitments</div>
                </td>
                <td valign="bottom" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 14.14%;">
                  <div style="text-align: center;">Eligible)</div>
                </td>
                <td valign="bottom" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 14.14%;">
                  <div style="text-align: center;">Notice Period</div>
                </td>
              </tr>
              <tr>
                <td valign="bottom" style="vertical-align: top; width: 42%;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 14%;">&#160;</td>
                <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1.04%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1.04%;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 14.14%;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 14.14%;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 14.14%;">&#160;&#160;&#160;&#160;&#160;</td>
              </tr>
              <tr>
                <td valign="bottom" style="vertical-align: top; width: 42%;">&#160;</td>
                <td valign="bottom" style="vertical-align: bottom; width: 14%;">&#160;</td>
                <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1.04%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1.04%;">&#160;</td>
                <td valign="bottom" style="vertical-align: bottom; width: 14.14%;">&#160;</td>
                <td valign="bottom" style="vertical-align: bottom; width: 14.14%;">&#160;</td>
                <td valign="bottom" style="vertical-align: bottom; width: 14.14%;">&#160;&#160;&#160;&#160;&#160;</td>
              </tr>
              <tr>
                <td valign="bottom" style="vertical-align: top; width: 42%; border-bottom: 4px double rgb(0, 0, 0);">
                  <div>Stable Value Trust Fund</div>
                </td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 14%; border-bottom: 4px double rgb(0, 0, 0);">
                  <div style="text-align: center;">$ 8,586,017</div>
                </td>
                <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1.04%; border-bottom: 4px double rgb(0, 0, 0);">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1.04%; border-bottom: 4px double rgb(0, 0, 0);">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 14.14%; border-bottom: 4px double rgb(0, 0, 0);">
                  <div style="text-align: center;">N/A</div>
                </td>
                <td valign="bottom" style="vertical-align: bottom; width: 14.14%; border-bottom: 4px double rgb(0, 0, 0);">
                  <div style="text-align: center;">Daily</div>
                </td>
                <td valign="bottom" style="vertical-align: bottom; width: 14.14%; border-bottom: 4px double rgb(0, 0, 0);">
                  <div style="text-align: center;">24 months</div>
                </td>
              </tr>
              <tr>
                <td valign="bottom" colspan="7" style="vertical-align: top;">
                  <div>
                    <div style="text-align: center;"> </div>
                  </div>
                </td>
              </tr>
              <tr>
                <td valign="bottom" style="vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); width: 42%;">
                  <div><br>
                  </div>
                  <div><br>
                  </div>
                </td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; border-bottom: 2px solid rgb(0, 0, 0); width: 14%;">&#160;</td>
                <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1.04%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1.04%;">&#160;</td>
                <td style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 14.14%; text-align: center;">
                  <div>December 31, 2019</div>
                </td>
                <td valign="bottom" style="vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); width: 14.14%;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); width: 14.14%;">&#160;&#160;</td>
              </tr>
              <tr>
                <td valign="bottom" style="vertical-align: top; width: 42%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 14%;">&#160;</td>
                <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1.04%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1.04%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 14.14%;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 14.14%;">
                  <div style="text-align: center;">Redemption</div>
                </td>
                <td valign="bottom" style="vertical-align: top; width: 14.14%;">&#160;</td>
              </tr>
              <tr>
                <td valign="bottom" style="vertical-align: top; width: 42%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 14%;">&#160;</td>
                <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1.04%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1.04%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 14.14%;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 14.14%;">
                  <div style="text-align: center;">Frequency (If</div>
                </td>
                <td valign="bottom" style="vertical-align: top; width: 14.14%;">&#160;</td>
              </tr>
              <tr>
                <td valign="bottom" style="vertical-align: top; width: 42%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 14%;">&#160;</td>
                <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1.04%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1.04%;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 14.14%;">
                  <div style="text-align: center;">Unfunded</div>
                </td>
                <td valign="bottom" style="vertical-align: top; width: 14.14%;">
                  <div style="text-align: center;">Currently</div>
                </td>
                <td valign="bottom" style="vertical-align: top; width: 14.14%;">
                  <div style="text-align: center;">Redemption</div>
                </td>
              </tr>
              <tr>
                <td valign="bottom" style="vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); width: 42%;">
                  <div>Description&#160;</div>
                </td>
                <td valign="bottom" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 14%;">
                  <div style="text-align: center;">Fair Value</div>
                </td>
                <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1.04%;">&#160;</td>
                <td valign="bottom" colspan="1" style="text-align: center; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1.04%;">&#160;</td>
                <td valign="bottom" style="vertical-align: bottom; text-align: center; border-bottom: 2px solid rgb(0, 0, 0); width: 14.14%;">
                  <div>Commitments</div>
                </td>
                <td valign="bottom" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 14.14%;">
                  <div style="text-align: center;">Eligible)</div>
                </td>
                <td valign="bottom" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 14.14%;">
                  <div style="text-align: center;">Notice Period</div>
                </td>
              </tr>
              <tr>
                <td valign="bottom" style="vertical-align: top; width: 42%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 14%;">&#160;</td>
                <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1.04%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1.04%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 14.14%;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 14.14%;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 14.14%;">&#160;&#160;&#160;&#160;&#160;</td>
              </tr>
              <tr>
                <td valign="bottom" style="vertical-align: top; width: 42%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 14%;">&#160;</td>
                <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1.04%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1.04%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 14.14%;">&#160;</td>
                <td valign="bottom" style="vertical-align: bottom; width: 14.14%;">&#160;</td>
                <td valign="bottom" style="vertical-align: bottom; width: 14.14%;">&#160;&#160;&#160;&#160;&#160;</td>
              </tr>
              <tr>
                <td valign="bottom" style="vertical-align: top; width: 42%; border-bottom: 2px solid rgb(0, 0, 0);">
                  <div>Stable Value Trust Fund</div>
                </td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 14%; border-bottom: 2px solid rgb(0, 0, 0);">
                  <div style="text-align: center;">$ 5,743,770</div>
                </td>
                <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1.04%; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1.04%; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 14.14%; border-bottom: 2px solid rgb(0, 0, 0);">
                  <div style="text-align: center;">N/A</div>
                </td>
                <td valign="bottom" style="vertical-align: bottom; width: 14.14%; border-bottom: 2px solid rgb(0, 0, 0);">
                  <div style="text-align: center;">Daily</div>
                </td>
                <td valign="bottom" style="vertical-align: bottom; width: 14.14%; border-bottom: 2px solid rgb(0, 0, 0);">
                  <div style="text-align: center;">24 months</div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div> <br>
      </div>
      <div>
        <div style="text-align: justify;"><u>Culp, Inc. Common Stock</u></div>
        <div><br>
        </div>
        <div style="text-align: justify;">This investment is valued at the closing price reported on the active market in which the individual security is traded. This investment is classified within Level 1 of the valuation hierarchy.</div>
        <div><br>
        </div>
        <div style="text-align: justify;">The Plan held 105,569 shares and 77,151 shares of the Company&#8217;s common stock as of December&#160;31, 2020, and 2019, respectively. The cost basis of these shares of the Company&#8217;s common stock was $972,346 and $763,086
          as of December 31, 2020, and 2019, respectively.</div>
        <div><br>
        </div>
        <div style="text-align: justify;"><u>Money Market Fund</u></div>
        <div><br>
        </div>
        <div style="text-align: justify;">This investment is a public investment vehicle valued using $1 for the NAV.&#160; The money market fund is classified within Level 2 of the valuation hierarchy.</div>
        <div><br>
        </div>
        <div style="text-align: justify;">The methods described above may produce a fair value calculation that may not be indicative of net realizable value or reflective of future fair values.&#160; Furthermore, while the Plan believes its valuation methods
          are appropriate and consistent with other market participants, the use of different methodologies or assumptions to determine the fair value of certain financial instruments could result in a different fair value measurement at the reporting
          date.</div>
        <div style="text-align: justify;"><br>
          <div>
            <table cellspacing="0" cellpadding="0" border="0" id="z21883bed8f9f43668a3210879a0173b3" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; color: #000000; width: 100%;">

                <tr>
                  <td style="width: 100%; text-align: right;"><font style="font-weight: bold;">Page 8</font><br>
                  </td>
                </tr>

            </table>
          </div>
          <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
            <div id="DSPFPageBreak" style="page-break-after: always;">
              <hr noshade="noshade" style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;"></div>
          </div>
          <div>
            <div>
              <div>
                <div>
                  <div style="font-weight: bold;">CULP, INC. EMPLOYEES' RETIREMENT BUILDER PLAN</div>
                  <div style="font-weight: bold;">NOTES TO FINANCIAL STATEMENTS</div>
                  <div>
                    <div style="font-weight: bold;">DECEMBER 31, 2020, 2019 AND 2018</div>
                    <div style="font-weight: bold;">
                      <hr noshade="noshade" align="center" style="height: 4px; color: #000000; background-color: #000000; text-align: center; margin-left: auto; margin-right: auto; border: none;"> </div>
                  </div>
                </div>
              </div>
              <div><br>
              </div>
              <div>
                <div>The following tables present information about assets and liabilities measured at fair value on a recurring basis:</div>
                <div><br>
                </div>
                <div>
                  <table cellspacing="0" cellpadding="0" border="0" id="zb7f8737c59b94526a2ffa40a4a770679" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; text-align: left; color: #000000; width: 100%;">

                      <tr>
                        <td valign="bottom" colspan="14" style="vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);">
                          <div style="text-align: center;">Fair Value Measurements as of December 31, 2020 using:</div>
                        </td>
                        <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1%;">&#160;</td>
                      </tr>
                      <tr>
                        <td valign="bottom" style="vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); width: 54%;">
                          <div>&#160;</div>
                        </td>
                        <td valign="bottom" colspan="2" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">
                          <div style="text-align: center;">Quoted Prices in</div>
                          <div style="text-align: center;"> Active Markets</div>
                          <div style="text-align: center;"> for Identical</div>
                          <div style="text-align: center;"> Assets</div>
                        </td>
                        <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1%;">&#160;</td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1%;">&#160;</td>
                        <td valign="bottom" colspan="2" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">
                          <div style="text-align: center;">Significant other</div>
                          <div style="text-align: center;"> Observable Inputs</div>
                        </td>
                        <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1%;">&#160;</td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1%;">&#160;</td>
                        <td valign="bottom" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 9%;">
                          <div style="text-align: center;">Significant</div>
                          <div style="text-align: center;"> Unobservable</div>
                          <div style="text-align: center;"> Inputs</div>
                        </td>
                        <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1%;">&#160;</td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1%;">&#160;</td>
                        <td valign="bottom" colspan="2" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
                        <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1%;">&#160;</td>
                      </tr>
                      <tr>
                        <td valign="bottom" style="vertical-align: top; width: 54%;">&#160;</td>
                        <td valign="bottom" colspan="2" style="vertical-align: top;">&#160;</td>
                        <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                        <td valign="bottom" colspan="2" style="vertical-align: top;">&#160;</td>
                        <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                        <td valign="bottom" style="vertical-align: top; width: 9%;">&#160;</td>
                        <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                        <td valign="bottom" colspan="2" style="vertical-align: top;">&#160;</td>
                        <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                      </tr>
                      <tr>
                        <td valign="bottom" style="vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); width: 54%;">
                          <div>Description&#160;</div>
                        </td>
                        <td valign="bottom" colspan="2" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">
                          <div style="text-align: center;">Level 1</div>
                        </td>
                        <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1%;">&#160;</td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1%;">&#160;</td>
                        <td valign="bottom" colspan="2" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">
                          <div style="text-align: center;">Level 2</div>
                        </td>
                        <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1%;">&#160;</td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1%;">&#160;</td>
                        <td valign="bottom" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 9%;">
                          <div style="text-align: center;">Level 3</div>
                        </td>
                        <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1%;">&#160;</td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1%;">&#160;</td>
                        <td valign="bottom" colspan="2" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">
                          <div style="text-align: center;">Total</div>
                        </td>
                        <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1%;">&#160;</td>
                      </tr>
                      <tr>
                        <td valign="bottom" style="vertical-align: top; width: 54%;">&#160;</td>
                        <td valign="bottom" colspan="2" style="vertical-align: top;">&#160;</td>
                        <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                        <td valign="bottom" colspan="2" style="vertical-align: top;">&#160;</td>
                        <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                        <td valign="bottom" style="vertical-align: top; width: 9%;">&#160;</td>
                        <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                        <td valign="bottom" colspan="2" style="vertical-align: top;">&#160;</td>
                        <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                      </tr>
                      <tr>
                        <td valign="bottom" style="vertical-align: top; width: 54%;">
                          <div style="font-style: italic;">Investments at fair value:</div>
                        </td>
                        <td valign="bottom" colspan="2" style="vertical-align: bottom;">&#160;</td>
                        <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                        <td valign="bottom" colspan="2" style="vertical-align: bottom;">&#160;</td>
                        <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                        <td valign="bottom" style="vertical-align: bottom; width: 9%;">&#160;</td>
                        <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                        <td valign="bottom" colspan="2" style="vertical-align: bottom;">&#160;</td>
                        <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                      </tr>
                      <tr>
                        <td valign="bottom" style="vertical-align: top; width: 54%;">&#160;</td>
                        <td valign="bottom" colspan="2" style="vertical-align: bottom;">&#160;</td>
                        <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                        <td valign="bottom" colspan="2" style="vertical-align: bottom;">&#160;</td>
                        <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                        <td valign="bottom" style="vertical-align: bottom; width: 9%;">&#160;</td>
                        <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                        <td valign="bottom" colspan="2" style="vertical-align: bottom;">&#160;</td>
                        <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                      </tr>
                      <tr>
                        <td valign="bottom" style="vertical-align: top; width: 54%;">
                          <div>Registered investment companies</div>
                        </td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%;">
                          <div>$</div>
                        </td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 9.14%;">
                          <div>36,809,440</div>
                        </td>
                        <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%;">
                          <div>$</div>
                        </td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 9.14%;">
                          <div>-</div>
                        </td>
                        <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;">
                          <div style="font-family: 'Times New Roman',Times,serif; text-align: center;">-</div>
                        </td>
                        <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%;">
                          <div>$</div>
                        </td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 9.14%;">
                          <div>36,809,440</div>
                        </td>
                        <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                      </tr>
                      <tr>
                        <td valign="bottom" style="vertical-align: top; width: 54%;">
                          <div>Culp, Inc. common stock</div>
                        </td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 9.14%;">
                          <div>1,675,380</div>
                        </td>
                        <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 9.14%;">
                          <div>-</div>
                        </td>
                        <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;">
                          <div style="font-family: 'Times New Roman',Times,serif; text-align: center;">-</div>
                        </td>
                        <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 9.14%;">
                          <div>1,675,380</div>
                        </td>
                        <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                      </tr>
                      <tr>
                        <td valign="bottom" style="vertical-align: top; width: 54%; border-bottom: 2px solid rgb(0, 0, 0);">
                          <div>Money market fund</div>
                        </td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 9.14%; border-bottom: 2px solid rgb(0, 0, 0);">
                          <div>-</div>
                        </td>
                        <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 9.14%; border-bottom: 2px solid rgb(0, 0, 0);">
                          <div>70,843</div>
                        </td>
                        <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0);">
                          <div style="font-family: 'Times New Roman',Times,serif; text-align: center;">-</div>
                        </td>
                        <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 9.14%; border-bottom: 2px solid rgb(0, 0, 0);">
                          <div>70,843</div>
                        </td>
                        <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
                      </tr>
                      <tr>
                        <td valign="bottom" style="vertical-align: top; width: 54%;">&#160;</td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 9.14%;">&#160;</td>
                        <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 9.14%;">&#160;</td>
                        <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;">&#160;</td>
                        <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 9.14%;">&#160;</td>
                        <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                      </tr>
                      <tr>
                        <td valign="bottom" style="vertical-align: top; width: 54%;">
                          <div>Total investments in the fair value</div>
                        </td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 9.14%;">&#160;</td>
                        <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 9.14%;">&#160;</td>
                        <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;">&#160;</td>
                        <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 9.14%;">&#160;</td>
                        <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                      </tr>
                      <tr>
                        <td valign="bottom" style="vertical-align: top; width: 54%; border-bottom: 4px double rgb(0, 0, 0);">
                          <div>&#160;&#160;&#160;&#160;&#160;&#160;hierarchy</div>
                        </td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 4px double rgb(0, 0, 0);">
                          <div>$</div>
                        </td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 9.14%; border-bottom: 4px double rgb(0, 0, 0);">
                          <div>38,484,820</div>
                        </td>
                        <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 4px double rgb(0, 0, 0);">&#160;</td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 4px double rgb(0, 0, 0);">&#160;</td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 4px double rgb(0, 0, 0);">
                          <div>$</div>
                        </td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 9.14%; border-bottom: 4px double rgb(0, 0, 0);">
                          <div>70,843</div>
                        </td>
                        <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 4px double rgb(0, 0, 0);">&#160;</td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 4px double rgb(0, 0, 0);">&#160;</td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 4px double rgb(0, 0, 0);">
                          <div style="font-family: 'Times New Roman',Times,serif; text-align: center;">-</div>
                        </td>
                        <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 4px double rgb(0, 0, 0);">&#160;</td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 4px double rgb(0, 0, 0);">&#160;</td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 4px;">&#160;</td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 9.14%; padding-bottom: 4px;">
                          <div>38,555,663</div>
                        </td>
                        <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 4px;">&#160;</td>
                      </tr>
                      <tr>
                        <td valign="bottom" style="vertical-align: top; width: 54%;">&#160;</td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 9.14%;">&#160;</td>
                        <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 9.14%;">&#160;</td>
                        <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;">&#160;</td>
                        <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 9.14%;">&#160;</td>
                        <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                      </tr>
                      <tr>
                        <td valign="bottom" style="vertical-align: top; width: 54%;">
                          <div style="font-style: italic;">Investments at net asset value:</div>
                        </td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 9.14%;">&#160;</td>
                        <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 9.14%;">&#160;</td>
                        <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;">&#160;</td>
                        <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 9.14%;">&#160;</td>
                        <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                      </tr>
                      <tr>
                        <td valign="bottom" style="vertical-align: top; width: 54%;">&#160;</td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 9.14%;">&#160;</td>
                        <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 9.14%;">&#160;</td>
                        <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;">&#160;</td>
                        <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 9.14%;">&#160;</td>
                        <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                      </tr>
                      <tr>
                        <td valign="bottom" style="vertical-align: top; width: 54%; padding-bottom: 2px;">
                          <div>Common and collective trust fund</div>
                        </td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;">&#160;</td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 9.14%; padding-bottom: 2px;">&#160;</td>
                        <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;">&#160;</td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;">&#160;</td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;">&#160;</td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 9.14%; padding-bottom: 2px;">&#160;</td>
                        <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;">&#160;</td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;">&#160;</td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; padding-bottom: 2px;">&#160;</td>
                        <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;">&#160;</td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;">&#160;</td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 9.14%; border-bottom: 2px solid rgb(0, 0, 0);">
                          <div>8,586,017</div>
                        </td>
                        <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
                      </tr>
                      <tr>
                        <td valign="bottom" style="vertical-align: top; width: 54%;">&#160;</td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 9.14%;">&#160;</td>
                        <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 9.14%;">&#160;</td>
                        <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;">&#160;</td>
                        <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 9.14%;">&#160;</td>
                        <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                      </tr>
                      <tr>
                        <td valign="bottom" style="vertical-align: top; width: 54%; border-bottom: 2px solid rgb(0, 0, 0);">
                          <div>Total investments at fair value</div>
                        </td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 9.14%; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
                        <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 9.14%; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
                        <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
                        <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);">
                          <div>$</div>
                        </td>
                        <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 9.14%; border-bottom: 2px solid rgb(0, 0, 0);">
                          <div>47,141,680</div>
                        </td>
                        <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
                      </tr>

                  </table>
                </div>
              </div>
            </div>
          </div>
          <div><br>
          </div>
          <div><br>
          </div>
          <div>
            <table cellspacing="0" cellpadding="0" border="0" id="z0ef838c077a54ab5bc6f74bdf7d2a4a5" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; text-align: left; color: #000000; width: 100%;">

                <tr>
                  <td valign="bottom" colspan="14" style="vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);">
                    <div style="text-align: center;">Fair Value Measurements as of December 31, 2019 using: </div>
                  </td>
                  <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1%;">&#160;</td>
                </tr>
                <tr>
                  <td valign="bottom" style="vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); width: 54%;">
                    <div>&#160;</div>
                  </td>
                  <td valign="bottom" colspan="2" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">
                    <div style="text-align: center;">Quoted Prices in</div>
                    <div style="text-align: center;"> Active Markets</div>
                    <div style="text-align: center;"> for Identical</div>
                    <div style="text-align: center;"> Assets</div>
                  </td>
                  <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1%;">&#160;</td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1%;">&#160;</td>
                  <td valign="bottom" colspan="2" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">
                    <div style="text-align: center;">Significant other</div>
                    <div style="text-align: center;"> Observable Inputs</div>
                  </td>
                  <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1%;">&#160;</td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1%;">&#160;</td>
                  <td valign="bottom" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 9%;">
                    <div style="text-align: center;">Significant</div>
                    <div style="text-align: center;"> Unobservable</div>
                    <div style="text-align: center;"> Inputs</div>
                  </td>
                  <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1%;">&#160;</td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1%;">&#160;</td>
                  <td valign="bottom" colspan="2" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
                  <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1%;">&#160;</td>
                </tr>
                <tr>
                  <td valign="bottom" style="vertical-align: top; width: 54%;">&#160;</td>
                  <td valign="bottom" colspan="2" style="vertical-align: top;">&#160;</td>
                  <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                  <td valign="bottom" colspan="2" style="vertical-align: top;">&#160;</td>
                  <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                  <td valign="bottom" style="vertical-align: top; width: 9%;">&#160;</td>
                  <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                  <td valign="bottom" colspan="2" style="vertical-align: top;">&#160;</td>
                  <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                </tr>
                <tr>
                  <td valign="bottom" style="vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); width: 54%;">
                    <div>Description&#160;</div>
                  </td>
                  <td valign="bottom" colspan="2" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">
                    <div style="text-align: center;">Level 1</div>
                  </td>
                  <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1%;">&#160;</td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1%;">&#160;</td>
                  <td valign="bottom" colspan="2" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">
                    <div style="text-align: center;">Level 2</div>
                  </td>
                  <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1%;">&#160;</td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1%;">&#160;</td>
                  <td valign="bottom" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 9%;">
                    <div style="text-align: center;">Level 3</div>
                  </td>
                  <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1%;">&#160;</td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1%;">&#160;</td>
                  <td valign="bottom" colspan="2" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">
                    <div style="text-align: center;">Total</div>
                  </td>
                  <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1%;">&#160;</td>
                </tr>
                <tr>
                  <td valign="bottom" style="vertical-align: top; width: 54%;">&#160;</td>
                  <td valign="bottom" colspan="2" style="vertical-align: top;">&#160;</td>
                  <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                  <td valign="bottom" colspan="2" style="vertical-align: top;">&#160;</td>
                  <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                  <td valign="bottom" style="vertical-align: top; width: 9%;">&#160;</td>
                  <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                  <td valign="bottom" colspan="2" style="vertical-align: top;">&#160;</td>
                  <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                </tr>
                <tr>
                  <td valign="bottom" style="vertical-align: top; width: 54%;">
                    <div style="font-style: italic;">Investments at fair value:</div>
                  </td>
                  <td valign="bottom" colspan="2" style="vertical-align: bottom;">&#160;</td>
                  <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                  <td valign="bottom" colspan="2" style="vertical-align: bottom;">&#160;</td>
                  <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                  <td valign="bottom" style="vertical-align: bottom; width: 9%;">&#160;</td>
                  <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                  <td valign="bottom" colspan="2" style="vertical-align: bottom;">&#160;</td>
                  <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                </tr>
                <tr>
                  <td valign="bottom" style="vertical-align: top; width: 54%;">&#160;</td>
                  <td valign="bottom" colspan="2" style="vertical-align: bottom;">&#160;</td>
                  <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                  <td valign="bottom" colspan="2" style="vertical-align: bottom;">&#160;</td>
                  <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                  <td valign="bottom" style="vertical-align: bottom; width: 9%;">&#160;</td>
                  <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                  <td valign="bottom" colspan="2" style="vertical-align: bottom;">&#160;</td>
                  <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                </tr>
                <tr>
                  <td valign="bottom" style="vertical-align: top; width: 54%;">
                    <div>Registered investment companies</div>
                  </td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%;">
                    <div>$</div>
                  </td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 9.14%;">
                    <div>37,674,599</div>
                  </td>
                  <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%;">
                    <div>$</div>
                  </td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 9.14%;">
                    <div>-</div>
                  </td>
                  <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;">
                    <div style="font-family: 'Times New Roman',Times,serif; text-align: center;">-</div>
                  </td>
                  <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%;">
                    <div>$</div>
                  </td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 9.14%;">
                    <div>37,674,599</div>
                  </td>
                  <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                </tr>
                <tr>
                  <td valign="bottom" style="vertical-align: top; width: 54%;">
                    <div>Culp, Inc. common stock</div>
                  </td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 9.14%;">
                    <div>1,050,797</div>
                  </td>
                  <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 9.14%;">
                    <div>-</div>
                  </td>
                  <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;">
                    <div style="font-family: 'Times New Roman',Times,serif; text-align: center;">-</div>
                  </td>
                  <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 9.14%;">
                    <div>1,050,797</div>
                  </td>
                  <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                </tr>
                <tr>
                  <td valign="bottom" style="vertical-align: top; width: 54%; border-bottom: 2px solid rgb(0, 0, 0);">
                    <div>Money market fund</div>
                  </td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 9.14%; border-bottom: 2px solid rgb(0, 0, 0);">
                    <div>-</div>
                  </td>
                  <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 9.14%; border-bottom: 2px solid rgb(0, 0, 0);">
                    <div>43,113</div>
                  </td>
                  <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0);">
                    <div style="font-family: 'Times New Roman',Times,serif; text-align: center;">-</div>
                  </td>
                  <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 9.14%; border-bottom: 2px solid rgb(0, 0, 0);">
                    <div>43,113</div>
                  </td>
                  <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
                </tr>
                <tr>
                  <td valign="bottom" style="vertical-align: top; width: 54%;">&#160;</td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 9.14%;">&#160;</td>
                  <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 9.14%;">&#160;</td>
                  <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;">&#160;</td>
                  <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 9.14%;">&#160;</td>
                  <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                </tr>
                <tr>
                  <td valign="bottom" style="vertical-align: top; width: 54%;">
                    <div>Total investments in the fair value</div>
                  </td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 9.14%;">&#160;</td>
                  <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 9.14%;">&#160;</td>
                  <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;">&#160;</td>
                  <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 9.14%;">&#160;</td>
                  <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                </tr>
                <tr>
                  <td valign="bottom" style="vertical-align: top; width: 54%; border-bottom: 4px double rgb(0, 0, 0);">
                    <div>&#160;&#160;&#160;&#160;&#160;&#160;hierarchy</div>
                  </td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 4px double rgb(0, 0, 0);">
                    <div>$</div>
                  </td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 9.14%; border-bottom: 4px double rgb(0, 0, 0);">
                    <div>38,725,396</div>
                  </td>
                  <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 4px double rgb(0, 0, 0);">&#160;</td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 4px double rgb(0, 0, 0);">&#160;</td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 4px double rgb(0, 0, 0);">
                    <div>$</div>
                  </td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 9.14%; border-bottom: 4px double rgb(0, 0, 0);">
                    <div>43,113</div>
                  </td>
                  <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 4px double rgb(0, 0, 0);">&#160;</td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 4px double rgb(0, 0, 0);">&#160;</td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 4px double rgb(0, 0, 0);">
                    <div style="font-family: 'Times New Roman',Times,serif; text-align: center;">-</div>
                  </td>
                  <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 4px double rgb(0, 0, 0);">&#160;</td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 4px;">&#160;</td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 4px;">&#160;</td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 9.14%; padding-bottom: 4px;">
                    <div>38,768,509</div>
                  </td>
                  <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 4px;">&#160;</td>
                </tr>
                <tr>
                  <td valign="bottom" style="vertical-align: top; width: 54%;">&#160;</td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 9.14%;">&#160;</td>
                  <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 9.14%;">&#160;</td>
                  <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;">&#160;</td>
                  <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 9.14%;">&#160;</td>
                  <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                </tr>
                <tr>
                  <td valign="bottom" style="vertical-align: top; width: 54%;">
                    <div style="font-style: italic;">Investments at net asset value:</div>
                  </td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 9.14%;">&#160;</td>
                  <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 9.14%;">&#160;</td>
                  <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;">&#160;</td>
                  <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 9.14%;">&#160;</td>
                  <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                </tr>
                <tr>
                  <td valign="bottom" style="vertical-align: top; width: 54%;">&#160;</td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 9.14%;">&#160;</td>
                  <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 9.14%;">&#160;</td>
                  <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;">&#160;</td>
                  <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 9.14%;">&#160;</td>
                  <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                </tr>
                <tr>
                  <td valign="bottom" style="vertical-align: top; width: 54%; padding-bottom: 2px;">
                    <div>Common and collective trust fund</div>
                  </td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;">&#160;</td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 9.14%; padding-bottom: 2px;">&#160;</td>
                  <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;">&#160;</td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;">&#160;</td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;">&#160;</td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 9.14%; padding-bottom: 2px;">&#160;</td>
                  <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;">&#160;</td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;">&#160;</td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; padding-bottom: 2px;">&#160;</td>
                  <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;">&#160;</td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;">&#160;</td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 9.14%; border-bottom: 2px solid rgb(0, 0, 0);">
                    <div>5,743,770</div>
                  </td>
                  <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
                </tr>
                <tr>
                  <td valign="bottom" style="vertical-align: top; width: 54%;">&#160;</td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 9.14%;">&#160;</td>
                  <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 9.14%;">&#160;</td>
                  <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;">&#160;</td>
                  <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 9.14%;">&#160;</td>
                  <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                </tr>
                <tr>
                  <td valign="bottom" style="vertical-align: top; width: 54%; border-bottom: 2px solid rgb(0, 0, 0);">
                    <div>Total investments at fair value</div>
                  </td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 9.14%; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
                  <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 9.14%; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
                  <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
                  <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);">
                    <div>$</div>
                  </td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 9.14%; border-bottom: 2px solid rgb(0, 0, 0);">
                    <div>44,512,279</div>
                  </td>
                  <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
                </tr>

            </table>
          </div>
          <div><br>
          </div>
          <div>
            <table cellspacing="0" cellpadding="0" border="0" id="z269b340aa60e4cc1a1c117d899599efb" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; color: #000000; width: 100%;">

                <tr>
                  <td style="width: 100%; text-align: right;"><font style="font-weight: bold;">Page 9</font><br>
                  </td>
                </tr>

            </table>
          </div>
          <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
            <div id="DSPFPageBreak" style="page-break-after: always;">
              <hr noshade="noshade" style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;"></div>
          </div>
          <div>
            <div>
              <div>
                <div style="font-weight: bold;">CULP, INC. EMPLOYEES' RETIREMENT BUILDER PLAN</div>
                <div style="font-weight: bold;">NOTES TO FINANCIAL STATEMENTS</div>
                <div>
                  <div style="font-weight: bold;">DECEMBER 31, 2020, 2019 AND 2018</div>
                  <div style="font-weight: bold;">
                    <hr noshade="noshade" align="center" style="height: 4px; color: #000000; background-color: #000000; text-align: center; margin-left: auto; margin-right: auto; border: none;"> </div>
                </div>
              </div>
            </div>
            <div>
              <div style="font-weight: bold;"> <br>
              </div>
              <div style="font-weight: bold;">NOTE D - EXEMPT PARTY-IN-INTEREST TRANSACTIONS</div>
              <div><br>
              </div>
              <div>Plan investments include shares of the Company&#8217;s common stock and therefore, transactions associated with the Company&#8217;s common stock qualify as party-in-interest. In addition, Plan investments includes shares of mutual funds managed by
                MassMutual Select Funds, an affiliate of the trustee of the Plan. Therefore, transactions associated with mutual funds managed by MassMutual Select Funds qualify as party-in-interest.</div>
              <div><br>
              </div>
              <div>Administrative fees paid directly by the Plan to Raymond James Financial Services for investment advisory and other administrative services were $81,922, $84,649, and $93,713 during 2020, 2019 and 2018, respectively.</div>
              <div><br>
              </div>
              <div>Administrative fees paid directly by the Plan to Smith Leonard PLLC for audit services were $14,455, $14,500, and $14,000 during 2020, 2019 and 2018, respectively.</div>
              <div><br>
              </div>
              <div>Administrative fees paid directly by the Plan to MassMutual Retirement Services, LLC were $7,150 and $11,340 during 2020 and 2019, respectively. Administrative expenses paid directly by the Plan to MassMutual Retirement Services, LLC
                were immaterial for disclosure during 2018.</div>
              <div><br>
              </div>
              <div style="font-weight: bold;">NOTE E - PLAN TERMINATION</div>
              <div><br>
              </div>
              <div>Although it has not expressed any intent to do so, the Company has the right under the Plan to discontinue its contributions at any time and to terminate the Plan subject to the provisions of ERISA.</div>
              <div><br>
              </div>
              <div style="font-weight: bold;">NOTE F - TAX STATUS</div>
              <div><br>
              </div>
              <div>The Plan has adopted a prototype plan document sponsored by an affiliate of the Plan&#8217;s trustee. The Internal Revenue Service has determined and informed the Plan&#8217;s trustee by a letter dated March 31, 2014, that the Plan is designed and
                in compliance with the applicable requirements of the IRC. The Plan administrator and the Plan&#8217;s tax counsel believe that the Plan is designed and currently being operated in compliance with the applicable requirements of the IRC and,
                therefore, believe that the Plan is qualified, and the related trust is tax-exempt.</div>
              <div><br>
              </div>
              <div style="font-weight: bold;">NOTE G - TRANSFER OF PLAN ASSETS</div>
              <div><br>
              </div>
              <div>On June 22, 2018, the Company acquired a majority ownership interest in eLuxury, LLC (eLuxury), a company that offers bedding accessories and home goods directly to consumers and businesses through its e-commerce and business-to-business
                sales channels. Eligible employees associated with eLuxury were originally able to participate in the Plan as of August 1, 2018. However, effective March&#160;31, 2020, the Company sold its entire ownership interest in eLuxury, and therefore,
                eLuxury is no longer able to participate in the Plan. As a result, net assets totaling $663,059 of the affected eLuxury employees were transferred out of the Plan.</div>
              <div><br>
              </div>
              <div style="font-weight: bold;">NOTE H - RISKS AND UNCERTAINTIES</div>
              <div><br>
              </div>
              <div>The Plan invests in various investment securities. Investment securities are exposed to various risks, such as inflation, unemployment, interest rate, credit, and overall market volatility. Due to the level of risk associated with
                certain investment securities, it is at least reasonably possible that changes in the values of investment securities will occur in the near term and that such changes could materially affect the participants&#8217; account balances and the
                amounts reported in the Statements of Net Assets Available for Benefits.</div>
            </div>
          </div>
          <div><br>
          </div>
          <div>
            <table cellspacing="0" cellpadding="0" border="0" id="z1e122e846ee54e8daed4bab7ef32b2e0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; color: #000000; width: 100%;">

                <tr>
                  <td style="width: 100%; text-align: right;"><font style="font-weight: bold;">Page 10</font><br>
                  </td>
                </tr>

            </table>
          </div>
          <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
            <div id="DSPFPageBreak" style="page-break-after: always;">
              <hr noshade="noshade" style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;"></div>
          </div>
          <div>
            <div style="text-align: center; font-style: italic; font-weight: bold;">SUPPLEMENTAL INFORMATION</div>
          </div>
          <div><br>
          </div>
          <div><br>
          </div>
          <div><br>
          </div>
          <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
            <div id="DSPFPageBreak" style="page-break-after: always;">
              <hr noshade="noshade" style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;"></div>
          </div>
          <div> <font style="font-weight: bold;">CULP, INC. EMPLOYEES&#8217; RETIREMENT BUILDER PLAN<br>
              SCHEDULE H, LINE 4a - SCHEDULE OF DELINQUENT PARTICIPANT CONTRIBUTIONS <br>
            </font></div>
          <div> <font style="font-weight: bold;">EIN: 56-1001967<br>
            </font></div>
          <div> <font style="font-weight: bold;">PLAN NUMBER: 001<br>
            </font></div>
          <div><font style="font-weight: bold;"> December 31, 2020</font><br>
          </div>
          <div>
            <hr noshade="noshade" align="center" style="height: 4px; color: #000000; background-color: #000000; text-align: center; margin-left: auto; margin-right: auto; border: none;"></div>
          <div><br>
          </div>
          <div>
            <table cellspacing="0" cellpadding="0" border="0" id="z868e01e520b64faab4781a05d95efc82" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; text-align: left; color: #000000; width: 100%;">

                <tr>
                  <td valign="bottom" rowspan="1" style="vertical-align: top; font-family: 'Times New Roman',Times,serif; text-align: center; font-style: italic; padding-bottom: 2px;"><br>
                  </td>
                  <td valign="bottom" colspan="4" rowspan="1" style="vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: 'Times New Roman',Times,serif; text-align: center; font-style: italic;">Total that constitutes Non-Exempt
                    Prohibited Transactions</td>
                  <td valign="bottom" style="vertical-align: top; width: 19%; padding-bottom: 2px;"><br>
                  </td>
                </tr>
                <tr>
                  <td valign="bottom" rowspan="1" style="vertical-align: top; font-family: 'Times New Roman',Times,serif; width: 5%;">&#160;</td>
                  <td valign="bottom" rowspan="1" style="vertical-align: top; font-family: 'Times New Roman',Times,serif; width: 19%; text-align: center;">&#160;Participant</td>
                  <td valign="bottom" rowspan="1" style="vertical-align: top; font-family: 'Times New Roman',Times,serif;">&#160;</td>
                  <td valign="bottom" rowspan="1" style="vertical-align: top; font-family: 'Times New Roman',Times,serif; text-align: center;">&#160;</td>
                  <td valign="bottom" rowspan="1" style="vertical-align: top; width: 19%; text-align: center;">Contributions</td>
                  <td valign="bottom" rowspan="1" style="vertical-align: top; width: 19%;">
                    <div style="text-align: center;">Total fully</div>
                  </td>
                </tr>
                <tr>
                  <td valign="bottom" style="vertical-align: top; font-family: 'Times New Roman',Times,serif; width: 5%;">
                    <div><br>
                    </div>
                  </td>
                  <td valign="bottom" style="vertical-align: top; font-family: 'Times New Roman',Times,serif; width: 19%; text-align: center;">contributions</td>
                  <td valign="bottom" style="vertical-align: top; font-family: 'Times New Roman',Times,serif;">
                    <div><br>
                    </div>
                  </td>
                  <td valign="bottom" style="vertical-align: top; font-family: 'Times New Roman',Times,serif; text-align: center;">Contributions <br>
                  </td>
                  <td valign="bottom" style="vertical-align: top; width: 19%;">
                    <div style="text-align: center;">pending</div>
                  </td>
                  <td valign="bottom" style="vertical-align: top; width: 19%;">
                    <div style="text-align: center;">corrected under</div>
                  </td>
                </tr>
                <tr>
                  <td valign="bottom" style="vertical-align: top; font-family: 'Times New Roman',Times,serif; width: 5%;">
                    <div><br>
                    </div>
                  </td>
                  <td valign="bottom" style="vertical-align: top; font-family: 'Times New Roman',Times,serif; width: 19%;">
                    <div style="text-align: center;">transferred</div>
                  </td>
                  <td valign="bottom" style="vertical-align: top; width: 19%;">
                    <div style="text-align: center;">Contributions</div>
                  </td>
                  <td valign="bottom" style="vertical-align: top; width: 19%;">
                    <div style="text-align: center;">corrected</div>
                  </td>
                  <td valign="bottom" style="vertical-align: top; width: 19%;">
                    <div style="text-align: center;">correction in</div>
                  </td>
                  <td valign="bottom" style="vertical-align: top; width: 19%;">
                    <div style="text-align: center;">VFCP and PTE</div>
                  </td>
                </tr>
                <tr>
                  <td valign="bottom" style="vertical-align: top; width: 5%; border-bottom: 2px solid rgb(0, 0, 0);">
                    <div style="text-align: center;">Year</div>
                  </td>
                  <td valign="bottom" style="vertical-align: top; width: 19%; border-bottom: 2px solid rgb(0, 0, 0);">
                    <div style="text-align: center; font-family: 'Times New Roman',Times,serif;">late to Plan</div>
                  </td>
                  <td valign="bottom" style="vertical-align: top; width: 19%; border-bottom: 2px solid rgb(0, 0, 0);">
                    <div style="text-align: center;">not corrected</div>
                  </td>
                  <td valign="bottom" style="vertical-align: top; width: 19%; border-bottom: 2px solid rgb(0, 0, 0);">
                    <div style="text-align: center;">outside VFCP</div>
                  </td>
                  <td valign="bottom" style="vertical-align: top; width: 19%; border-bottom: 2px solid rgb(0, 0, 0);">
                    <div style="text-align: center;">VFCP</div>
                  </td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: center; width: 19%; border-bottom: 2px solid rgb(0, 0, 0); font-family: 'Times New Roman',Times,serif;">
                    <div>2002-51</div>
                  </td>
                </tr>
                <tr>
                  <td valign="bottom" style="vertical-align: top; width: 5%;">&#160;</td>
                  <td valign="bottom" style="vertical-align: top; width: 19%;">&#160;</td>
                  <td valign="bottom" style="vertical-align: top; width: 19%;">&#160;</td>
                  <td valign="bottom" style="vertical-align: top; width: 19%;">&#160;</td>
                  <td valign="bottom" style="vertical-align: top; width: 19%;">&#160;</td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 19%;">&#160;</td>
                </tr>
                <tr>
                  <td valign="bottom" style="vertical-align: top; width: 5%;">
                    <div style="text-align: center;">2020</div>
                  </td>
                  <td valign="bottom" style="vertical-align: top; width: 19%;">
                    <div>Employee elective</div>
                  </td>
                  <td valign="bottom" style="vertical-align: top; width: 19%;">&#160;</td>
                  <td valign="bottom" style="vertical-align: top; width: 19%;">&#160;</td>
                  <td valign="bottom" style="vertical-align: top; width: 19%;">&#160;</td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 19%;">&#160;</td>
                </tr>
                <tr>
                  <td valign="bottom" style="vertical-align: top; font-family: 'Times New Roman',Times,serif; width: 5%; border-bottom: 2px solid rgb(0, 0, 0);">
                    <div><br>
                    </div>
                  </td>
                  <td valign="bottom" style="vertical-align: top; font-family: 'Times New Roman',Times,serif; width: 19%; border-bottom: 2px solid rgb(0, 0, 0);">
                    <div>deferral contributions</div>
                  </td>
                  <td valign="bottom" style="vertical-align: top; width: 19%; border-bottom: 2px solid rgb(0, 0, 0);">
                    <div style="text-align: center;">$ -</div>
                  </td>
                  <td valign="bottom" style="vertical-align: top; width: 19%; border-bottom: 2px solid rgb(0, 0, 0);">
                    <div style="text-align: center;">$733</div>
                  </td>
                  <td valign="bottom" style="vertical-align: top; width: 19%; border-bottom: 2px solid rgb(0, 0, 0);">
                    <div style="text-align: center;">$ -</div>
                  </td>
                  <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 19%; border-bottom: 2px solid rgb(0, 0, 0);">
                    <div style="font-family: 'Times New Roman',Times,serif; text-align: center;">-</div>
                  </td>
                </tr>

            </table>
          </div>
          <div><br>
          </div>
          <div>
            <table cellspacing="0" cellpadding="0" border="0" id="z843cadd409b142bca53d2a2e4346ff0a" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; color: #000000; width: 100%;">

                <tr>
                  <td style="width: 100%; text-align: right;"><font style="font-weight: bold;">Page 11</font><br>
                  </td>
                </tr>

            </table>
          </div>
          <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
            <div id="DSPFPageBreak" style="page-break-after: always;">
              <hr noshade="noshade" style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;"></div>
          </div>
          <div> <font style="font-weight: bold;">CULP, INC. EMPLOYEES&#8217; RETIREMENT BUILDER PLAN<br>
            </font></div>
          <div> <font style="font-weight: bold;">SCHEDULE H, LINE 4i - SCHEDULE OF ASSETS (HELD AT END OF YEAR)<br>
            </font></div>
          <font style="font-weight: bold;"> </font>
          <div style="font-weight: bold;">EIN: 56-1001967<br>
          </div>
          <div> <font style="font-weight: bold;">PLAN NUMBER: 001<br>
            </font></div>
          <div><font style="font-weight: bold;"> December 31, 2020</font><br>
          </div>
          <div>
            <hr noshade="noshade" align="center" style="height: 4px; color: #000000; background-color: #000000; text-align: center; margin-left: auto; margin-right: auto; border: none;"></div>
          <br>
          <table cellspacing="0" cellpadding="0" border="0" id="z81b8d100e87b4a4ebdf5d0801596780b" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; text-align: left; color: #000000; width: 100%;">

              <tr>
                <td valign="bottom" style="vertical-align: top; width: 3.5%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: top; width: 1.17%;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 34.89%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: top; width: 1.17%;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 23.28%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1.1%;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 17.44%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: top; width: 1%;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 17.44%;">
                  <div style="text-align: center; font-weight: bold;">Current</div>
                </td>
              </tr>
              <tr>
                <td valign="bottom" style="vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); width: 3.5%;">
                  <div style="text-align: center; font-weight: bold;">(a)</div>
                </td>
                <td valign="bottom" colspan="1" style="vertical-align: top; width: 1.17%; padding-bottom: 2px;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); width: 34.89%;">
                  <div style="text-align: center; font-weight: bold;">(b) Borrower, Lessor or Similar Party</div>
                </td>
                <td valign="bottom" colspan="1" style="vertical-align: top; width: 1.17%; padding-bottom: 2px;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); width: 23.28%;">
                  <div style="text-align: center; font-weight: bold;">(c) Description of Investment</div>
                </td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; padding-bottom: 2px; width: 1.1%;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); width: 17.44%;">
                  <div style="text-align: center; font-weight: bold;">(d) Cost **</div>
                </td>
                <td valign="bottom" colspan="1" style="vertical-align: top; width: 1%; padding-bottom: 2px;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); width: 17.44%;">
                  <div style="text-align: center; font-weight: bold;">Value</div>
                </td>
              </tr>
              <tr>
                <td valign="bottom" style="vertical-align: top; width: 3.5%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: top; width: 1.17%;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 34.89%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: top; width: 1.17%;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 23.28%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1.1%;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 17.44%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: top; width: 1%;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 17.44%;">&#160;</td>
              </tr>
              <tr>
                <td valign="bottom" style="vertical-align: top; padding-left: 2%; width: 3.5%;">
                  <div><br>
                  </div>
                </td>
                <td valign="bottom" colspan="1" style="vertical-align: top; padding-left: 2%; width: 1.17%;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 34.89%; font-family: 'Times New Roman',Times,serif;">
                  <div>Invesco Stable Value Trust Fund</div>
                </td>
                <td valign="bottom" colspan="1" style="vertical-align: top; width: 1.17%; font-family: 'Times New Roman',Times,serif;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 23.28%;">
                  <div style="text-align: center;">8,586,017 units</div>
                </td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1.1%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 17.44%;">
                  <div>-</div>
                </td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 1%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 17.44%;">
                  <div>8,586,017</div>
                </td>
              </tr>
              <tr>
                <td valign="bottom" style="vertical-align: top; width: 3.5%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: top; width: 1.17%;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 34.89%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: top; width: 1.17%;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 23.28%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1.1%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 17.44%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 1%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 17.44%;">&#160;</td>
              </tr>
              <tr>
                <td valign="bottom" style="vertical-align: top; padding-left: 2%; width: 3.5%;">
                  <div><br>
                  </div>
                </td>
                <td valign="bottom" colspan="1" style="vertical-align: top; padding-left: 2%; width: 1.17%;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 34.89%; font-family: 'Times New Roman',Times,serif;">
                  <div>MFS Moderate Allocation Fund</div>
                </td>
                <td valign="bottom" colspan="1" style="vertical-align: top; width: 1.17%; font-family: 'Times New Roman',Times,serif;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 23.28%;">
                  <div style="text-align: center;">351,259 units</div>
                </td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1.1%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 17.44%;">
                  <div>-</div>
                </td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 1%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 17.44%;">
                  <div>7,148,113</div>
                </td>
              </tr>
              <tr>
                <td valign="bottom" style="vertical-align: top; width: 3.5%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: top; width: 1.17%;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 34.89%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: top; width: 1.17%;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 23.28%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1.1%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 17.44%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 1%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 17.44%;">&#160;</td>
              </tr>
              <tr>
                <td valign="bottom" style="vertical-align: top; padding-left: 2%; width: 3.5%;">
                  <div><br>
                  </div>
                </td>
                <td valign="bottom" colspan="1" style="vertical-align: top; padding-left: 2%; width: 1.17%;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 34.89%; font-family: 'Times New Roman',Times,serif;">
                  <div>Franklin Dynatech Fund</div>
                </td>
                <td valign="bottom" colspan="1" style="vertical-align: top; width: 1.17%; font-family: 'Times New Roman',Times,serif;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 23.28%;">
                  <div style="text-align: center;">42,218 units</div>
                </td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1.1%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 17.44%;">
                  <div>-</div>
                </td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 1%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 17.44%;">
                  <div>5,899,929</div>
                </td>
              </tr>
              <tr>
                <td valign="bottom" style="vertical-align: top; width: 3.5%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: top; width: 1.17%;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 34.89%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: top; width: 1.17%;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 23.28%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1.1%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 17.44%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 1%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 17.44%;">&#160;</td>
              </tr>
              <tr>
                <td valign="bottom" style="vertical-align: top; padding-left: 2%; width: 3.5%;">
                  <div><br>
                  </div>
                </td>
                <td valign="bottom" colspan="1" style="vertical-align: top; padding-left: 2%; width: 1.17%;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 34.89%; font-family: 'Times New Roman',Times,serif;">
                  <div>MFS Value Fund</div>
                </td>
                <td valign="bottom" colspan="1" style="vertical-align: top; width: 1.17%; font-family: 'Times New Roman',Times,serif;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 23.28%;">
                  <div style="text-align: center;">103,109 units</div>
                </td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1.1%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 17.44%;">
                  <div>-</div>
                </td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 1%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 17.44%;">
                  <div>4,624,430</div>
                </td>
              </tr>
              <tr>
                <td valign="bottom" style="vertical-align: top; width: 3.5%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: top; width: 1.17%;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 34.89%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: top; width: 1.17%;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 23.28%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1.1%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 17.44%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 1%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 17.44%;">&#160;</td>
              </tr>
              <tr>
                <td valign="bottom" style="vertical-align: top; padding-left: 2%; width: 3.5%;">
                  <div><br>
                  </div>
                </td>
                <td valign="bottom" colspan="1" style="vertical-align: top; padding-left: 2%; width: 1.17%;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 34.89%; font-family: 'Times New Roman',Times,serif;">
                  <div>MFS Total Return Fund</div>
                </td>
                <td valign="bottom" colspan="1" style="vertical-align: top; width: 1.17%; font-family: 'Times New Roman',Times,serif;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 23.28%;">
                  <div style="text-align: center;">192,250 units</div>
                </td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1.1%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 17.44%;">
                  <div>-</div>
                </td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 1%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 17.44%;">
                  <div>3,931,512</div>
                </td>
              </tr>
              <tr>
                <td valign="bottom" style="vertical-align: top; width: 3.5%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: top; width: 1.17%;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 34.89%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: top; width: 1.17%;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 23.28%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1.1%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 17.44%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 1%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 17.44%;">&#160;</td>
              </tr>
              <tr>
                <td valign="bottom" style="vertical-align: top; padding-left: 2%; width: 3.5%;">
                  <div><br>
                  </div>
                </td>
                <td valign="bottom" colspan="1" style="vertical-align: top; padding-left: 2%; width: 1.17%;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 34.89%; font-family: 'Times New Roman',Times,serif;">
                  <div>MFS Growth Allocation Fund</div>
                </td>
                <td valign="bottom" colspan="1" style="vertical-align: top; width: 1.17%; font-family: 'Times New Roman',Times,serif;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 23.28%;">
                  <div style="text-align: center;">114,160 units</div>
                </td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1.1%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 17.44%;">
                  <div>-</div>
                </td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 1%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 17.44%;">
                  <div>2,752,387</div>
                </td>
              </tr>
              <tr>
                <td valign="bottom" style="vertical-align: top; width: 3.5%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: top; width: 1.17%;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 34.89%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: top; width: 1.17%;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 23.28%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1.1%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 17.44%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 1%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 17.44%;">&#160;</td>
              </tr>
              <tr>
                <td valign="bottom" style="vertical-align: top; padding-left: 2%; width: 3.5%;">
                  <div><br>
                  </div>
                </td>
                <td valign="bottom" colspan="1" style="vertical-align: top; padding-left: 2%; width: 1.17%;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 34.89%; font-family: 'Times New Roman',Times,serif;">
                  <div>JP Morgan Small Cap Growth Fund</div>
                </td>
                <td valign="bottom" colspan="1" style="vertical-align: top; width: 1.17%; font-family: 'Times New Roman',Times,serif;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 23.28%;">
                  <div style="text-align: center;">68,415 units</div>
                </td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1.1%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 17.44%;">
                  <div>-</div>
                </td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 1%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 17.44%;">
                  <div>1,749,373</div>
                </td>
              </tr>
              <tr>
                <td valign="bottom" style="vertical-align: top; width: 3.5%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: top; width: 1.17%;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 34.89%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: top; width: 1.17%;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 23.28%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1.1%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 17.44%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 1%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 17.44%;">&#160;</td>
              </tr>
              <tr>
                <td valign="bottom" style="vertical-align: top; padding-left: 2%; width: 3.5%;">
                  <div><br>
                  </div>
                </td>
                <td valign="bottom" colspan="1" style="vertical-align: top; padding-left: 2%; width: 1.17%;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 34.89%; font-family: 'Times New Roman',Times,serif;">
                  <div>MFS Core Equity Fund</div>
                </td>
                <td valign="bottom" colspan="1" style="vertical-align: top; width: 1.17%; font-family: 'Times New Roman',Times,serif;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 23.28%;">
                  <div style="text-align: center;">41,198 units</div>
                </td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1.1%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 17.44%;">
                  <div>-</div>
                </td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 1%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 17.44%;">
                  <div>1,682,102</div>
                </td>
              </tr>
              <tr>
                <td valign="bottom" style="vertical-align: top; width: 3.5%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: top; width: 1.17%;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 34.89%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: top; width: 1.17%;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 23.28%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1.1%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 17.44%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 1%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 17.44%;">&#160;</td>
              </tr>
              <tr>
                <td valign="bottom" style="vertical-align: top; padding-left: 2%; width: 3.5%;">
                  <div><br>
                  </div>
                </td>
                <td valign="bottom" colspan="1" style="vertical-align: top; padding-left: 2%; width: 1.17%;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 34.89%; font-family: 'Times New Roman',Times,serif;">
                  <div>MFS International Diversification Fund</div>
                </td>
                <td valign="bottom" colspan="1" style="vertical-align: top; width: 1.17%; font-family: 'Times New Roman',Times,serif;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 23.28%;">
                  <div style="text-align: center;">66,928 units</div>
                </td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1.1%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 17.44%;">
                  <div>-</div>
                </td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 1%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 17.44%;">
                  <div>1,582,185</div>
                </td>
              </tr>
              <tr>
                <td valign="bottom" style="vertical-align: top; width: 3.5%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: top; width: 1.17%;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 34.89%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: top; width: 1.17%;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 23.28%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1.1%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 17.44%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 1%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 17.44%;">&#160;</td>
              </tr>
              <tr>
                <td valign="bottom" style="vertical-align: top; padding-left: 2%; width: 3.5%;">
                  <div><br>
                  </div>
                </td>
                <td valign="bottom" colspan="1" style="vertical-align: top; padding-left: 2%; width: 1.17%;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 34.89%; font-family: 'Times New Roman',Times,serif;">
                  <div>American Century Mid Cap Value Fund</div>
                </td>
                <td valign="bottom" colspan="1" style="vertical-align: top; width: 1.17%; font-family: 'Times New Roman',Times,serif;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 23.28%;">
                  <div style="text-align: center;">72,714 units</div>
                </td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1.1%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 17.44%;">
                  <div>-</div>
                </td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 1%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 17.44%;">
                  <div>1,234,677</div>
                </td>
              </tr>
              <tr>
                <td valign="bottom" style="vertical-align: top; width: 3.5%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: top; width: 1.17%;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 34.89%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: top; width: 1.17%;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 23.28%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1.1%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 17.44%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 1%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 17.44%;">&#160;</td>
              </tr>
              <tr>
                <td valign="bottom" style="vertical-align: top; padding-left: 2%; width: 3.5%;"><br>
                </td>
                <td valign="bottom" colspan="1" style="vertical-align: top; padding-left: 2%; width: 1.17%;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 34.89%; font-family: 'Times New Roman',Times,serif;">
                  <div>MFS Aggressive Growth Allocation Fund</div>
                </td>
                <td valign="bottom" colspan="1" style="vertical-align: top; width: 1.17%; font-family: 'Times New Roman',Times,serif;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 23.28%;">
                  <div style="text-align: center;">39,057 units</div>
                </td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1.1%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 17.44%;">
                  <div>-</div>
                </td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 1%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 17.44%;">
                  <div>1,094,771</div>
                </td>
              </tr>
              <tr>
                <td valign="bottom" style="vertical-align: top; width: 3.5%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: top; width: 1.17%;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 34.89%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: top; width: 1.17%;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 23.28%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1.1%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 17.44%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 1%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 17.44%;">&#160;</td>
              </tr>
              <tr>
                <td valign="bottom" style="vertical-align: top; padding-left: 2%; width: 3.5%;"><br>
                </td>
                <td valign="bottom" colspan="1" style="vertical-align: top; padding-left: 2%; width: 1.17%;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 34.89%; font-family: 'Times New Roman',Times,serif;">
                  <div>Pioneer Bond Fund</div>
                </td>
                <td valign="bottom" colspan="1" style="vertical-align: top; width: 1.17%; font-family: 'Times New Roman',Times,serif;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 23.28%;">
                  <div style="text-align: center;">83,726 units</div>
                </td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1.1%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 17.44%;">
                  <div>-</div>
                </td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 1%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 17.44%;">
                  <div>856,516</div>
                </td>
              </tr>
              <tr>
                <td valign="bottom" style="vertical-align: top; width: 3.5%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: top; width: 1.17%;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 34.89%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: top; width: 1.17%;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 23.28%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1.1%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 17.44%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 1%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 17.44%;">&#160;</td>
              </tr>
              <tr>
                <td valign="bottom" style="vertical-align: top; padding-left: 2%; width: 3.5%;"><br>
                </td>
                <td valign="bottom" colspan="1" style="vertical-align: top; padding-left: 2%; width: 1.17%;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 34.89%; font-family: 'Times New Roman',Times,serif;">
                  <div>DWS RREEF Real Estate Securities Fund</div>
                </td>
                <td valign="bottom" colspan="1" style="vertical-align: top; width: 1.17%; font-family: 'Times New Roman',Times,serif;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 23.28%;">
                  <div style="text-align: center;">40,753 units</div>
                </td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1.1%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 17.44%;">
                  <div>-</div>
                </td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 1%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 17.44%;">
                  <div>843,590</div>
                </td>
              </tr>
              <tr>
                <td valign="bottom" style="vertical-align: top; width: 3.5%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: top; width: 1.17%;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 34.89%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: top; width: 1.17%;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 23.28%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1.1%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 17.44%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 1%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 17.44%;">&#160;</td>
              </tr>
              <tr>
                <td valign="bottom" style="vertical-align: top; padding-left: 2%; width: 3.5%;">
                  <div><br>
                  </div>
                </td>
                <td valign="bottom" colspan="1" style="vertical-align: top; padding-left: 2%; width: 1.17%;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 34.89%; font-family: 'Times New Roman',Times,serif;">
                  <div>MFS Conservative Allocation Fund</div>
                </td>
                <td valign="bottom" colspan="1" style="vertical-align: top; width: 1.17%; font-family: 'Times New Roman',Times,serif;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 23.28%;">
                  <div style="text-align: center;">42,816 units</div>
                </td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1.1%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 17.44%;">
                  <div>-</div>
                </td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 1%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 17.44%;">
                  <div>751,857</div>
                </td>
              </tr>
              <tr>
                <td valign="bottom" style="vertical-align: top; width: 3.5%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: top; width: 1.17%;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 34.89%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: top; width: 1.17%;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 23.28%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1.1%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 17.44%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 1%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 17.44%;">&#160;</td>
              </tr>
              <tr>
                <td valign="bottom" style="vertical-align: top; width: 3.5%;">
                  <div style="text-align: center;">*</div>
                </td>
                <td valign="bottom" colspan="1" style="vertical-align: top; width: 1.17%;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 34.89%;">
                  <div>MassMutual Select T. Rowe Price Retirement 2035 Fund</div>
                </td>
                <td valign="bottom" colspan="1" style="vertical-align: top; width: 1.17%;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 23.28%;">
                  <div style="text-align: center;">31,425 units</div>
                </td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1.1%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 17.44%;">
                  <div>-</div>
                </td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 1%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 17.44%;">
                  <div>575,709</div>
                </td>
              </tr>
              <tr>
                <td valign="bottom" style="vertical-align: top; width: 3.5%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: top; width: 1.17%;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 34.89%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: top; width: 1.17%;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 23.28%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1.1%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 17.44%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 1%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 17.44%;">&#160;</td>
              </tr>
              <tr>
                <td valign="bottom" style="vertical-align: top; padding-left: 2%; width: 3.5%;"><br>
                </td>
                <td valign="bottom" colspan="1" style="vertical-align: top; padding-left: 2%; width: 1.17%;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 34.89%; font-family: 'Times New Roman',Times,serif;">
                  <div>MFS Corporate Bond Fund</div>
                </td>
                <td valign="bottom" colspan="1" style="vertical-align: top; width: 1.17%; font-family: 'Times New Roman',Times,serif;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 23.28%;">
                  <div style="text-align: center;">33,572 units</div>
                </td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1.1%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 17.44%;">
                  <div>-</div>
                </td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 1%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 17.44%;">
                  <div>529,438</div>
                </td>
              </tr>
              <tr>
                <td valign="bottom" style="vertical-align: top; width: 3.5%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: top; width: 1.17%;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 34.89%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: top; width: 1.17%;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 23.28%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1.1%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 17.44%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 1%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 17.44%;">&#160;</td>
              </tr>
              <tr>
                <td valign="bottom" style="vertical-align: top; padding-left: 2%; width: 3.5%;"><br>
                </td>
                <td valign="bottom" colspan="1" style="vertical-align: top; padding-left: 2%; width: 1.17%;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 34.89%; font-family: 'Times New Roman',Times,serif;">
                  <div>Lord Abbett Bond Debenture Fund</div>
                </td>
                <td valign="bottom" colspan="1" style="vertical-align: top; width: 1.17%; font-family: 'Times New Roman',Times,serif;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 23.28%;">
                  <div style="text-align: center;">48,303 units</div>
                </td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1.1%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 17.44%;">
                  <div>-</div>
                </td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 1%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 17.44%;">
                  <div>405,266</div>
                </td>
              </tr>
              <tr>
                <td valign="bottom" style="vertical-align: top; width: 3.5%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: top; width: 1.17%;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 34.89%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: top; width: 1.17%;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 23.28%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1.1%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 17.44%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 1%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 17.44%;">&#160;</td>
              </tr>
              <tr>
                <td valign="bottom" style="vertical-align: top; width: 3.5%;">
                  <div style="text-align: center;">*</div>
                </td>
                <td valign="bottom" colspan="1" style="vertical-align: top; width: 1.17%;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 34.89%;">
                  <div>MassMutual Select T. Rowe Price Retirement 2030 Fund</div>
                </td>
                <td valign="bottom" colspan="1" style="vertical-align: top; width: 1.17%;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 23.28%;">
                  <div style="text-align: center;">21,386 units</div>
                </td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1.1%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 17.44%;">
                  <div>-</div>
                </td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 1%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 17.44%;">
                  <div>384,527</div>
                </td>
              </tr>
              <tr>
                <td valign="bottom" style="vertical-align: top; width: 3.5%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: top; width: 1.17%;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 34.89%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: top; width: 1.17%;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 23.28%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1.1%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 17.44%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 1%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 17.44%;">&#160;</td>
              </tr>
              <tr>
                <td valign="bottom" style="vertical-align: top; width: 3.5%;">
                  <div style="text-align: center;">*</div>
                </td>
                <td valign="bottom" colspan="1" style="vertical-align: top; width: 1.17%;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 34.89%;">
                  <div>Mass Mutual Select T Rowe Price Retirement 2025 Fund</div>
                </td>
                <td valign="bottom" colspan="1" style="vertical-align: top; width: 1.17%;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 23.28%;">
                  <div style="text-align: center;">17,832 units</div>
                </td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1.1%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 17.44%;">
                  <div>-</div>
                </td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 1%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 17.44%;">
                  <div>313,479</div>
                </td>
              </tr>
              <tr>
                <td valign="bottom" style="vertical-align: top; width: 3.5%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: top; width: 1.17%;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 34.89%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: top; width: 1.17%;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 23.28%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1.1%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 17.44%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 1%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 17.44%;">&#160;</td>
              </tr>
              <tr>
                <td valign="bottom" style="vertical-align: top; width: 3.5%;">
                  <div style="text-align: center;">*</div>
                </td>
                <td valign="bottom" colspan="1" style="vertical-align: top; width: 1.17%;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 34.89%;">
                  <div>MassMutual Select T. Rowe Price Retirement 2040 Fund</div>
                </td>
                <td valign="bottom" colspan="1" style="vertical-align: top; width: 1.17%;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 23.28%;">
                  <div style="text-align: center;">8,262 units</div>
                </td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1.1%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 17.44%;">
                  <div>-</div>
                </td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 1%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 17.44%;">
                  <div>153,836</div>
                </td>
              </tr>
              <tr>
                <td valign="bottom" style="vertical-align: top; width: 3.5%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: top; width: 1.17%;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 34.89%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: top; width: 1.17%;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 23.28%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1.1%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 17.44%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 1%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 17.44%;">&#160;</td>
              </tr>
              <tr>
                <td valign="bottom" style="vertical-align: top; width: 3.5%;">
                  <div style="text-align: center;">*</div>
                </td>
                <td valign="bottom" colspan="1" style="vertical-align: top; width: 1.17%;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 34.89%;">
                  <div>MassMutual Select T. Rowe Price Retirement 2045 Fund</div>
                </td>
                <td valign="bottom" colspan="1" style="vertical-align: top; width: 1.17%;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 23.28%;">
                  <div style="text-align: center;">4,864 units</div>
                </td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1.1%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 17.44%;">
                  <div>-</div>
                </td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 1%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 17.44%;">
                  <div>91,444</div>
                </td>
              </tr>
              <tr>
                <td valign="bottom" style="vertical-align: top; width: 3.5%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: top; width: 1.17%;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 34.89%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: top; width: 1.17%;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 23.28%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1.1%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 17.44%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 1%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 17.44%;">&#160;</td>
              </tr>
              <tr>
                <td valign="bottom" style="vertical-align: top; width: 3.5%;">
                  <div style="text-align: center;">*</div>
                </td>
                <td valign="bottom" colspan="1" style="vertical-align: top; width: 1.17%;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 34.89%;">
                  <div>MassMutual Select T. Rowe Price Retirement 2055 Fund</div>
                </td>
                <td valign="bottom" colspan="1" style="vertical-align: top; width: 1.17%;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 23.28%;">
                  <div style="text-align: center;">4,758 units</div>
                </td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1.1%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 17.44%;">
                  <div>-</div>
                </td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 1%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 17.44%;">
                  <div>89,204</div>
                </td>
              </tr>
              <tr>
                <td valign="bottom" style="vertical-align: top; width: 3.5%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: top; width: 1.17%;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 34.89%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: top; width: 1.17%;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 23.28%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1.1%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 17.44%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 1%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 17.44%;">&#160;</td>
              </tr>
              <tr>
                <td valign="bottom" style="vertical-align: top; width: 3.5%;">
                  <div style="text-align: center;">*</div>
                </td>
                <td valign="bottom" colspan="1" style="vertical-align: top; width: 1.17%;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 34.89%;">
                  <div>MassMutual Select T. Rowe Price Retirement 2050 Fund</div>
                </td>
                <td valign="bottom" colspan="1" style="vertical-align: top; width: 1.17%;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 23.28%;">
                  <div style="text-align: center;">4,068 units</div>
                </td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1.1%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 17.44%;">
                  <div>-</div>
                </td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 1%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 17.44%;">
                  <div>76,393</div>
                </td>
              </tr>
              <tr>
                <td valign="bottom" style="vertical-align: top; width: 3.5%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: top; width: 1.17%;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 34.89%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: top; width: 1.17%;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 23.28%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1.1%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 17.44%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 1%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 17.44%;">&#160;</td>
              </tr>
              <tr>
                <td valign="bottom" style="vertical-align: top; width: 3.5%;">
                  <div style="text-align: center;">*</div>
                </td>
                <td valign="bottom" colspan="1" style="vertical-align: top; width: 1.17%;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 34.89%;">
                  <div>MassMutual Select T. Rowe Price Retirement 2060 Fund</div>
                </td>
                <td valign="bottom" colspan="1" style="vertical-align: top; width: 1.17%;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 23.28%;">
                  <div style="text-align: center;">1,832 units</div>
                </td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1.1%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 17.44%;">
                  <div>-</div>
                </td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 1%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 17.44%;">
                  <div>34,258</div>
                </td>
              </tr>
              <tr>
                <td valign="bottom" style="vertical-align: top; width: 3.5%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: top; width: 1.17%;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 34.89%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: top; width: 1.17%;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 23.28%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1.1%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 17.44%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 1%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 17.44%;">&#160;</td>
              </tr>
              <tr>
                <td valign="bottom" style="vertical-align: top; width: 3.5%;">
                  <div style="text-align: center;">*</div>
                </td>
                <td valign="bottom" colspan="1" style="vertical-align: top; width: 1.17%;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 34.89%;">
                  <div>MassMutual Select T. Rowe Price Retirement 2020 Fund</div>
                </td>
                <td valign="bottom" colspan="1" style="vertical-align: top; width: 1.17%;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 23.28%;">
                  <div style="text-align: center;">261 units</div>
                </td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1.1%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 17.44%;">
                  <div>-</div>
                </td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 1%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 17.44%;">
                  <div>4,444</div>
                </td>
              </tr>
              <tr>
                <td valign="bottom" style="vertical-align: top; width: 3.5%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: top; width: 1.17%;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 34.89%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: top; width: 1.17%;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 23.28%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1.1%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 17.44%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 1%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 17.44%;">&#160;</td>
              </tr>
              <tr>
                <td valign="bottom" style="vertical-align: top; padding-left: 2%; width: 3.5%;">
                  <div><br>
                  </div>
                </td>
                <td valign="bottom" colspan="1" style="vertical-align: top; padding-left: 2%; width: 1.17%;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 34.89%; font-family: 'Times New Roman',Times,serif;">
                  <div>Fidelity Institutional Money Market Fund Government Portfolio</div>
                </td>
                <td valign="bottom" colspan="1" style="vertical-align: top; width: 1.17%; font-family: 'Times New Roman',Times,serif;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 23.28%;">
                  <div style="text-align: center;">&#160;70,843 units</div>
                </td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1.1%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 17.44%;">
                  <div>-</div>
                </td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 1%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 17.44%;">
                  <div>70,843</div>
                </td>
              </tr>
              <tr>
                <td valign="bottom" style="vertical-align: top; width: 3.5%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: top; width: 1.17%;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 34.89%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: top; width: 1.17%;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 23.28%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1.1%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 17.44%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 1%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 17.44%;">&#160;</td>
              </tr>
              <tr>
                <td valign="bottom" style="vertical-align: top; width: 3.5%; padding-bottom: 2px;">
                  <div style="text-align: center;">*</div>
                </td>
                <td valign="bottom" colspan="1" style="vertical-align: top; width: 1.17%; padding-bottom: 2px;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 34.89%; padding-bottom: 2px;">
                  <div>Culp, Inc. Common Stock</div>
                </td>
                <td valign="bottom" colspan="1" style="vertical-align: top; width: 1.17%; padding-bottom: 2px;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 23.28%; padding-bottom: 2px;">
                  <div style="text-align: center;">105,569 shares</div>
                </td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1.1%; padding-bottom: 2px;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 17.44%; padding-bottom: 2px;">
                  <div>-</div>
                </td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 1%; padding-bottom: 2px;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 17.44%; border-bottom: 2px solid rgb(0, 0, 0);">
                  <div>1,675,380</div>
                </td>
              </tr>
              <tr>
                <td valign="bottom" style="vertical-align: top; width: 3.5%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: top; width: 1.17%;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 34.89%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: top; width: 1.17%;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 23.28%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1.1%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 17.44%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 1%;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 17.44%;">&#160;</td>
              </tr>
              <tr>
                <td valign="bottom" style="vertical-align: top; width: 3.5%; padding-bottom: 4px;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: top; width: 1.17%; padding-bottom: 4px;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 34.89%; padding-bottom: 4px;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: top; width: 1.17%; padding-bottom: 4px;">&#160;</td>
                <td valign="bottom" style="vertical-align: top; width: 23.28%; padding-bottom: 4px;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 1.1%; padding-bottom: 4px;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 17.44%; padding-bottom: 4px;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 1%; padding-bottom: 4px;">&#160;</td>
                <td valign="bottom" colspan="1" style="vertical-align: bottom; text-align: right; width: 17.44%; border-bottom: 4px double rgb(0, 0, 0);">
                  <div>47,141,680</div>
                </td>
              </tr>
              <tr>
                <td valign="bottom" rowspan="1" style="vertical-align: top; width: 3.5%;">&#160;</td>
                <td valign="bottom" rowspan="1" colspan="1" style="vertical-align: top; width: 1.17%;">&#160;</td>
                <td valign="bottom" rowspan="1" style="vertical-align: top; width: 34.89%;">&#160;</td>
                <td valign="bottom" rowspan="1" colspan="1" style="vertical-align: top; width: 1.17%;">&#160;</td>
                <td valign="bottom" rowspan="1" style="vertical-align: top; width: 23.28%;">&#160;</td>
                <td valign="bottom" rowspan="1" colspan="1" style="vertical-align: bottom; width: 1.1%;">&#160;</td>
                <td valign="bottom" rowspan="1" colspan="1" style="vertical-align: bottom; text-align: right; width: 17.44%;">&#160;</td>
                <td valign="bottom" rowspan="1" colspan="1" style="vertical-align: bottom; text-align: right; width: 1%;">&#160;</td>
                <td valign="bottom" rowspan="1" colspan="1" style="vertical-align: bottom; text-align: right; width: 17.44%;">&#160;</td>
              </tr>
              <tr>
                <td valign="bottom" rowspan="1" style="vertical-align: top; width: 3.5%; font-family: 'Times New Roman',Times,serif; text-align: center;">*<br>
                </td>
                <td valign="bottom" rowspan="1" colspan="2" style="vertical-align: top; width: 1.17%;">Indicates party-in-interest.<br>
                </td>
                <td valign="bottom" rowspan="1" colspan="1" style="vertical-align: top; width: 1.17%;">&#160;</td>
                <td valign="bottom" rowspan="1" style="vertical-align: top; width: 23.28%;">&#160;</td>
                <td valign="bottom" rowspan="1" colspan="1" style="vertical-align: bottom; width: 1.1%;">&#160;</td>
                <td valign="bottom" rowspan="1" colspan="1" style="vertical-align: bottom; text-align: right; width: 17.44%;">&#160;</td>
                <td valign="bottom" rowspan="1" colspan="1" style="vertical-align: bottom; text-align: right; width: 1%;">&#160;</td>
                <td valign="bottom" rowspan="1" colspan="1" style="vertical-align: bottom; text-align: right; width: 17.44%;">&#160;</td>
              </tr>
              <tr>
                <td valign="bottom" rowspan="1" style="vertical-align: top; width: 3.5%; text-align: center;">**<br>
                </td>
                <td valign="bottom" rowspan="1" colspan="2" style="vertical-align: top; width: 1.17%;">Cost information omitted for participant-directed investments.<br>
                </td>
                <td valign="bottom" rowspan="1" colspan="1" style="vertical-align: top; width: 1.17%;">&#160;</td>
                <td valign="bottom" rowspan="1" style="vertical-align: top; width: 23.28%;">&#160;</td>
                <td valign="bottom" rowspan="1" colspan="1" style="vertical-align: bottom; width: 1.1%;">&#160;</td>
                <td valign="bottom" rowspan="1" colspan="1" style="vertical-align: bottom; text-align: right; width: 17.44%;">&#160;</td>
                <td valign="bottom" rowspan="1" colspan="1" style="vertical-align: bottom; text-align: right; width: 1%;">&#160;</td>
                <td valign="bottom" rowspan="1" colspan="1" style="vertical-align: bottom; text-align: right; width: 17.44%;">&#160;</td>
              </tr>

          </table>
          <div> <br>
          </div>
          <div>
            <table cellspacing="0" cellpadding="0" border="0" id="z5e41361534ab44a59234467f23c64bc3" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; color: #000000; width: 100%;">

                <tr>
                  <td style="width: 100%; text-align: right;"><font style="font-weight: bold;">Page 12</font><br>
                  </td>
                </tr>

            </table>
          </div>
          <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
            <div id="DSPFPageBreak" style="page-break-after: always;">
              <hr noshade="noshade" style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;"></div>
          </div>
          <div>
            <div style="text-align: center; font-family: 'Times New Roman',Times,serif; font-weight: bold;">EXHIBIT INDEX</div>
          </div>
          <div> <br>
          </div>
          <div>
            <table cellspacing="0" cellpadding="0" border="0" id="z5c61e3ca388f44a1aa4eb6dc9358c2ad" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; color: #000000; width: 100%;">

                <tr>
                  <td style="width: 16.67%;">
                    <div style="text-align: justify;"><u>Exhibit Number</u></div>
                  </td>
                  <td style="width: 83.33%;">
                    <div style="text-align: center;"><u>Exhibit</u></div>
                  </td>
                </tr>
                <tr>
                  <td style="width: 16.67%;">
                    <div>&#160;</div>
                  </td>
                  <td style="width: 83.33%;">
                    <div>&#160;</div>
                  </td>
                </tr>
                <tr>
                  <td style="width: 16.67%;">
                    <div>&#160;</div>
                  </td>
                  <td style="width: 83.33%;">
                    <div>&#160;</div>
                  </td>
                </tr>
                <tr>
                  <td style="width: 16.67%;">
                    <div style="text-align: left; font-family: 'Times New Roman',Times,serif; margin-left: 36pt;"><a href="a52450907ex23_a.htm">23A</a></div>
                  </td>
                  <td style="width: 83.33%; font-family: 'Times New Roman',Times,serif; text-align: left;">
                    <div><a href="a52450907ex23_a.htm">Consent of Independent Registered Public Accounting Firm in connection with the&#160;&#160;registration statement of
                        Culp, Inc. on Form&#160;&#160;S-8 (File No. 33-13310).</a></div>
                  </td>
                </tr>

            </table>
          </div>
          <div> <br>
          </div>
        </div>
      </div>
    </div>
  </div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-23.A
<SEQUENCE>2
<FILENAME>a52450907ex23_a.htm
<DESCRIPTION>EXHIBIT 23A
<TEXT>
<html>
  <head>
    <title></title>
    <!-- Licensed to: Business Wire
         Document created using EDGARfilings PROfile 7.5.0.0
         Copyright 1995 - 2021 Broadridge -->
  </head>
<body bgcolor="#ffffff" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; text-align: left; color: #000000;">
  <div style="text-align: right;"><font style="font-weight: bold;">Exhibit 23A</font><br>
  </div>
  <div style="text-align: right;"><font style="font-weight: bold;"> <br>
    </font></div>
  <div><br>
    <div style="font-weight: bold;">CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM</div>
    <div><br>
    </div>
    <div><br>
    </div>
    <div>The Retirement Committee of the</div>
    <div>Culp, Inc. Employees&#8217; Retirement Builder Plan</div>
    <div>High Point, North Carolina</div>
    <div><br>
    </div>
    <div><br>
    </div>
    <div style="text-align: justify;">We consent to the incorporation by reference in the Registration Statement No. 33-13310 on Form S-8 of our report dated June 28, 2021, with respect to the
      financial statements and schedules of the Culp, Inc. Employees&#8217; Retirement Builder Plan included in this Annual Report on Form 11-K for the years ended December 31, 2020, 2019, and 2018.</div>
    <div><br>
    </div>
    <div><br>
    </div>
    <div><br>
    </div>
    <div>/s/ Smith Leonard PLLC</div>
    <div><br>
    </div>
    <div><br>
    </div>
    <div>High Point, North Carolina</div>
    <div style="font-style: italic;">June 28, 2021</div>
  </div>
</body>
</html>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
