<SEC-DOCUMENT>0001157523-22-000794.txt : 20220623
<SEC-HEADER>0001157523-22-000794.hdr.sgml : 20220623
<ACCEPTANCE-DATETIME>20220623083025
ACCESSION NUMBER:		0001157523-22-000794
CONFORMED SUBMISSION TYPE:	11-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20211231
FILED AS OF DATE:		20220623
DATE AS OF CHANGE:		20220623

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:		221033614

	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>a52756869.htm
<DESCRIPTION>CULP, INC. 11-K
<TEXT>
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    <div style="text-align: center; font-family: 'Dutch Bold 12pt', 'Times New Roman', serif; font-size: 11pt; font-weight: bold;"> <font style="font-family: 'Times New Roman'; font-size: 10pt;"><br>
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    <div style="text-align: center; font-family: 'Times New Roman'; font-size: 16pt; font-weight: bold;">UNITED STATES</div>
    <div style="text-align: center; font-family: 'Times New Roman'; font-size: 16pt; font-weight: bold;">SECURITIES AND EXCHANGE COMMISSION</div>
    <div style="text-align: center; font-family: 'Times New Roman'; font-weight: bold;">Washington, DC&#160; 20549</div>
    <div style="font-family: 'Times New Roman';"><br>
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    <div style="text-align: center; font-family: 'Times New Roman'; font-size: 16pt; font-weight: bold;">FORM 11-K</div>
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    </div>
    <div style="text-align: center; font-family: 'Times New Roman'; font-weight: bold;">Annual Report pursuant to Section 15(d) of the Securities Exchange Act of 1934</div>
    <div style="font-family: 'Times New Roman';"><font style="font-weight: bold;"><br>
      </font> </div>
    <font style="font-weight: bold;"> </font>
    <div style="text-align: center; font-family: 'Times New Roman',Times,serif; font-weight: bold;">For the fiscal year ended December 31, 2021</div>
    <font style="font-weight: bold;"> </font>
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      </font> </div>
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    <div style="text-align: center; font-family: 'Times New Roman',Times,serif; font-weight: bold;">COMMISSION FILE NO. 1-12597</div>
    <div style="font-family: 'Times New Roman';"><br>
    </div>
    <div style="text-align: justify; text-indent: 72pt;"><font style="font-family: 'Times New Roman'; font-weight: bold;">A.</font><font style="text-indent: 0px; font-family: 'Times New Roman';" id="TRGRRTFtoHTMLTab">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font><font style="font-family: 'Times New Roman'; font-weight: bold;">Full title of the Plan and the address of the Plan, if different from that of the issuer named below:</font></div>
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    </div>
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      <table cellspacing="0" cellpadding="0" border="0" id="zcae7e33e07f24d1cb75d63ddbbc2f805" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; color: #000000; width: 100%;">

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            <td style="width: 100%; font-weight: bold; text-align: center; border-color: rgb(0, 0, 0); border-style: solid; border-width: 2px; background-color: rgb(219, 219, 219);">CULP, INC.&#160;&#160; EMPLOYEES&#8217; RETIREMENT BUILDER PLAN</td>
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    </div>
    <div style="text-align: justify; text-indent: 72pt;"><font style="font-family: 'Times New Roman'; font-weight: bold;">B.</font><font style="text-indent: 0px; font-family: 'Times New Roman';" id="TRGRRTFtoHTMLTab">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font><font style="font-family: 'Times New Roman'; font-weight: bold;">Name of issuer of the securities held pursuant to the Plan and the address of its principal executive office:</font></div>
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    </div>
    <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-weight: bold;">&#160;&#160;&#160;CULP, INC.</div>
    <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-weight: bold;">&#160;&#160;&#160;1823 EASTCHESTER DRIVE</div>
    <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-weight: bold;">&#160;&#160;&#160;HIGH POINT, NORTH CAROLINA 27265</div>
    <div style="font-family: 'Times New Roman';"><br>
    </div>
    <div style="text-align: justify; font-family: 'Times New Roman'; 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, 2021, was 963. 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 style="font-family: 'Times New Roman';"><br>
    </div>
    <div style="text-align: justify; margin-left: 72pt; font-family: 'Times New Roman'; font-weight: bold;"><u>Financial Statements and Exhibits</u></div>
    <div style="font-family: 'Times New Roman';"><br>
    </div>
    <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; 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>
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            <td style="width: 33%; font-weight: bold; font-family: 'Times New Roman';" rowspan="1"><font style="font-weight: bold;"><u>Financial Statements</u></font></td>
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                    <div style="margin-left: 18pt;"><font style="font-weight: bold;"><u>Page of Report</u></font></div>
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            </td>
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            </td>
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            </td>
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            </td>
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          <tr>
            <td style="width: 6%; font-family: 'Times New Roman';" colspan="1"><br>
            </td>
            <td style="width: 33%; font-weight: bold; font-family: 'Times New Roman';">Report of Independent Registered Public Accounting Firm</td>
            <td style="width: 6%; text-align: right; font-weight: bold; font-family: 'Times New Roman';">1<br>
            </td>
            <td style="width: 55%; font-family: 'Times New Roman';"><br>
            </td>
          </tr>
          <tr>
            <td style="width: 6%; font-family: 'Times New Roman';" colspan="1"><br>
            </td>
            <td style="width: 33%; font-weight: bold; font-family: 'Times New Roman';">Statements of Net Assets Available for Benefits</td>
            <td style="width: 6%; text-align: right; font-weight: bold; font-family: 'Times New Roman';">3<br>
            </td>
            <td style="width: 55%; font-family: 'Times New Roman';"><br>
            </td>
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            <td style="width: 6%; font-family: 'Times New Roman';" colspan="1"><br>
            </td>
            <td style="width: 33%; font-weight: bold; font-family: 'Times New Roman';">Statements of Changes in Net Assets Available for Benefits</td>
            <td style="width: 6%; text-align: right; font-weight: bold; font-family: 'Times New Roman';">4<br>
            </td>
            <td style="width: 55%; font-family: 'Times New Roman';"><br>
            </td>
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            </td>
            <td style="width: 33%; font-weight: bold; font-family: 'Times New Roman';">Notes to Financial Statements</td>
            <td style="width: 6%; text-align: right; font-weight: bold; font-family: 'Times New Roman';">5<br>
            </td>
            <td style="width: 55%; font-family: 'Times New Roman';"><br>
            </td>
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            <td style="width: 6%; font-family: 'Times New Roman';" colspan="1"><br>
            </td>
            <td style="width: 33%; font-weight: bold; font-family: 'Times New Roman';">Schedule of Assets (Held at End of Year)</td>
            <td style="width: 6%; text-align: right; font-weight: bold; font-family: 'Times New Roman';">12<br>
            </td>
            <td style="width: 55%; font-family: 'Times New Roman';"><br>
            </td>
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    <font style="font-family: 'Times New Roman';"></font><br>
    <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-weight: bold;">(b)&#160; <u>Exhibits</u></div>
    <div style="font-family: 'Times New Roman';"><br>
    </div>
    <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-weight: bold;">Exhibit 23(a) &#8211; Consent of Independent Registered Public</div>
    <div style="text-align: justify; font-family: 'Times New Roman'; font-weight: bold;">&#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;Accounting Firm</div>
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    <div><font style="font-family: 'Times New Roman';"> </font>
      <div style="text-align: center; font-family: 'Times New Roman'; font-weight: bold;">SIGNATURES</div>
      <div style="font-family: 'Times New Roman';"><br>
      </div>
      <div style="text-align: justify; text-indent: 36pt; font-family: 'Times New Roman'; 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>
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              <td style="width: 56%; font-weight: bold; font-family: 'Times New Roman';">CULP, INC. EMPLOYEES' RETIREMENT BUILDER PLAN</td>
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                <div style="font-weight: bold;">By:&#160; Culp, Inc., Plan Administrator</div>
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              <td style="width: 56%; font-weight: bold; font-family: 'Times New Roman';">By:&#160; The Culp, Inc. Retirement Committee</td>
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      <div style="text-align: justify; font-family: 'Times New Roman'; font-weight: bold;">Date:&#160; June 23, 2022</div>
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              <td style="width: 52%; font-size: 10pt; font-weight: bold; font-family: 'Times New Roman';"><u>/s/ Robert G. Culp, IV</u></td>
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                <div>&#160;&#160;Robert G. Culp, IV</div>
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              <td style="width: 52%; font-size: 10pt; font-weight: bold; font-family: 'Times New Roman';"><u>/s/ Kenneth R. Bowling</u></td>
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              <td style="width: 48%; font-size: 10pt; font-weight: bold; font-family: 'Times New Roman';"><br>
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                <div>&#160;&#160;&#160;Kenneth R. Bowling</div>
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              <td style="width: 52%; font-size: 10pt; font-weight: bold; font-family: 'Times New Roman';"><u>/s/ Teresa A. Huffman</u></td>
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              <td style="width: 48%; font-size: 10pt; font-weight: bold; font-family: 'Times New Roman';"><br>
              </td>
              <td style="width: 52%; font-size: 10pt; font-weight: bold; font-family: 'Times New Roman';">
                <div>Teresa A. Huffman</div>
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        <div style="font-family: 'Times New Roman';">
          <div style="font-weight: bold;">Culp, Inc. Employees&#8217; Retirement Builder Plan</div>
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        <div style="font-family: 'Times New Roman'; font-weight: bold;">TABLE OF CONTENTS</div>
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                <div style="text-align: center;"><u>Page No.</u></div>
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              </td>
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              <td style="width: 92%; font-family: 'Times New Roman';">
                <div style="text-align: left; font-weight: bold;">Report of Independent Registered Public Accounting Firm</div>
              </td>
              <td style="width: 5%; font-family: 'Times New Roman'; text-align: right;">1-2<br>
              </td>
              <td style="width: 3%; font-family: 'Times New Roman';">&#160;</td>
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              </td>
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              </td>
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              <td style="width: 92%; font-family: 'Times New Roman';">
                <div style="text-align: left; font-weight: bold;">Financial Statements</div>
              </td>
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              </td>
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              </td>
              <td style="font-family: 'Times New Roman';" colspan="2"><br>
              </td>
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              <td style="width: 92%; font-family: 'Times New Roman';">
                <div style="text-align: left; margin-left: 18pt;">Statements of Net Assets Available for Benefits</div>
              </td>
              <td style="width: 5%; font-family: 'Times New Roman'; text-align: right;">3<br>
              </td>
              <td style="width: 3%; font-family: 'Times New Roman';">&#160;</td>
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              <td style="width: 92%; font-family: 'Times New Roman';"><br>
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              <td style="width: 92%; font-family: 'Times New Roman';">
                <div style="text-align: left; margin-left: 18pt;">Statements of Changes in Net Assets Available for Benefits</div>
              </td>
              <td style="width: 5%; font-family: 'Times New Roman'; text-align: right;">4<br>
              </td>
              <td style="width: 3%; font-family: 'Times New Roman';">&#160;</td>
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              <td style="width: 92%; font-family: 'Times New Roman';">
                <div style="text-align: left; margin-left: 18pt;">Notes to Financial Statements</div>
              </td>
              <td style="width: 5%; font-family: 'Times New Roman'; text-align: right;">5-11<br>
              </td>
              <td style="width: 3%; font-family: 'Times New Roman';">&#160;</td>
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                <div style="text-align: left; font-weight: bold;">Supplemental Information</div>
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              <td style="width: 92%; font-family: 'Times New Roman';">
                <div style="text-align: left;">Schedule H, Line 4i - Schedule of Assets (Held at End of Year)</div>
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              <td style="width: 5%; font-family: 'Times New Roman'; text-align: right;">12<br>
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              <td style="width: 3%; font-family: 'Times New Roman';">&#160;</td>
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      <div>
        <div style="font-family: 'Times New Roman'; font-weight: bold;">CULP, INC. EMPLOYEES' RETIREMENT BUILDER PLAN</div>
        <div style="font-family: Arial, sans-serif; font-size: 11pt; font-weight: bold;">
          <hr noshade="noshade" align="center" style="height: 2px; color: #000000; background-color: #000000; text-align: center; margin-left: auto; margin-right: auto; border: none;"> </div>
      </div>
      <div style="font-weight: bold; font-family: 'Times New Roman';"><br>
      </div>
      <div style="font-weight: bold; font-family: 'Times New Roman';">
        <div style="font-weight: bold;">Report of Independent Registered Public Accounting Firm</div>
        <div>&#160;</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>&#160;</div>
        <div style="text-align: justify; font-weight: bold;">Opinion on the Financial Statements</div>
        <div>&#160;</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, 2021, and 2020, the related statements of
          changes in net assets available for benefits for the years ended December 31, 2021, 2020, and 2019, 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, 2021, and 2020, and the changes in net assets available for benefits for the years ended December 31, 2021, 2020, and 2019, in conformity with accounting principles
          generally accepted in the United States of America.</div>
        <div>&#160;</div>
        <div style="text-align: justify; font-weight: bold;">Basis for Opinion</div>
        <div>&#160;</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>&#160;</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>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 id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
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        </div>
        <div>
          <div>
            <div style="font-weight: bold;">
              <div>
                <div>
                  <div style="font-weight: bold;">CULP, INC. EMPLOYEES' RETIREMENT BUILDER PLAN</div>
                  <div style="font-family: Arial, sans-serif; font-size: 11pt; font-weight: bold;">
                    <hr noshade="noshade" align="center" style="height: 2px; color: #000000; background-color: #000000; text-align: center; margin-left: auto; margin-right: auto; border: none;"> </div>
                </div>
                <div>&#160;
                  <div style="text-align: justify; font-weight: bold;">Supplemental Information</div>
                  <div>&#160;</div>
                  <div style="text-align: justify;">The supplemental information in the accompanying schedule of assets (held at end of year) as of December 31, 2021, has been subjected to audit procedures performed in conjunction with the audit of the
                    Plan&#8217;s financial statements. 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>&#160;</div>
                  <div>/s/ Smith Leonard PLLC</div>
                  <div>&#160;</div>
                  <div>We have served as the Plan&#8217;s auditor since 2012.</div>
                  <div>&#160;</div>
                  <div style="text-align: justify;">High Point, North Carolina</div>
                  <div>&#160;</div>
                  <div>June 23, 2022</div>
                </div>
              </div>
              <div> <br>
              </div>
              <div>&#160;</div>
              <div>
                <table cellspacing="0" cellpadding="0" border="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; color: #000000; width: 100%;">

                    <tr>
                      <td style="width: 100%; text-align: center; background-color: rgb(91, 128, 160); color: rgb(219, 219, 219);"><font style="font-size: 8pt;">www.smith-leonard.com</font></td>
                    </tr>

                </table>
              </div>
            </div>
            <div style="font-weight: bold;"> </div>
            <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
              <div style="text-align: right;" id="DSPFPageNumberArea"><font style="font-family: 'Times New Roman',Times,serif; color: rgb(0, 0, 0); font-weight: normal; font-style: normal;" id="DSPFPageNumber">Page 2</font></div>
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            </div>
            <div style="font-weight: bold;"> CULP, INC. EMPLOYEES&#8217; RETIREMENT BUILDER PLAN<br>
            </div>
            <div style="font-weight: bold;"> STATEMENTS OF NET ASSETS AVAILABLE FOR BENEFITS<br>
            </div>
            <div style="font-weight: bold;"> December 31, 2021 and 2020<br>
            </div>
            <div style="font-weight: bold;"> <br>
            </div>
            <div style="font-weight: bold;">
              <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="zdb633bf6ff374aa0832c9b9bbc12c93d" class="cfttable">

                  <tr>
                    <td valign="bottom" style="vertical-align: top; padding-bottom: 2px; font-family: 'Times New Roman';">
                      <div style="font-weight: bold;">ASSETS</div>
                    </td>
                    <td valign="bottom" style="vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: 'Times New Roman';" colspan="2">
                      <div style="text-align: center; font-weight: bold;">2021</div>
                    </td>
                    <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-family: 'Times New Roman';" colspan="1" class="cftfncell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; font-family: 'Times New Roman';" colspan="1" class="cftguttercell">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: 'Times New Roman';" colspan="2">
                      <div style="text-align: center; font-weight: bold;">2020</div>
                    </td>
                    <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-family: 'Times New Roman';" colspan="1" class="cftfncell">&#160;</td>
                  </tr>
                  <tr>
                    <td valign="bottom" style="vertical-align: top; font-family: 'Times New Roman';">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; font-family: 'Times New Roman';" colspan="2">&#160;</td>
                    <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-family: 'Times New Roman';" colspan="1" class="cftfncell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; font-family: 'Times New Roman';" colspan="1" class="cftguttercell">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; font-family: 'Times New Roman';" colspan="2">&#160;</td>
                    <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-family: 'Times New Roman';" colspan="1" class="cftfncell">&#160;</td>
                  </tr>
                  <tr>
                    <td valign="bottom" style="vertical-align: top; font-family: 'Times New Roman';">
                      <div>Investments, at fair value (Note C)</div>
                    </td>
                    <td valign="bottom" style="vertical-align: top; font-family: 'Times New Roman';" colspan="2">&#160;</td>
                    <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-family: 'Times New Roman';" colspan="1" class="cftfncell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; font-family: 'Times New Roman';" colspan="1" class="cftguttercell">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; font-family: 'Times New Roman';" colspan="2">&#160;</td>
                    <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-family: 'Times New Roman';" colspan="1" class="cftfncell">&#160;</td>
                  </tr>
                  <tr>
                    <td valign="bottom" style="vertical-align: top; width: 76.78%; font-family: 'Times New Roman';">
                      <div>&#160;&#160;&#160;&#160;Registered investment companies</div>
                    </td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">
                      <div>$</div>
                    </td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">
                      <div>41,560,022</div>
                    </td>
                    <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftfncell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftguttercell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">
                      <div>$</div>
                    </td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">
                      <div>36,809,440</div>
                    </td>
                    <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftfncell">&#160;</td>
                  </tr>
                  <tr>
                    <td valign="bottom" style="vertical-align: top; width: 76.78%; font-family: 'Times New Roman';">
                      <div>&#160;&#160;&#160;&#160;Common and collective trust fund</div>
                    </td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">
                      <div>6,572,698</div>
                    </td>
                    <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftfncell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftguttercell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">
                      <div>8,586,017</div>
                    </td>
                    <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftfncell">&#160;</td>
                  </tr>
                  <tr>
                    <td valign="bottom" style="vertical-align: top; width: 76.78%; font-family: 'Times New Roman';">
                      <div>&#160;&#160;&#160;&#160;Culp, Inc. common stock</div>
                    </td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">
                      <div>1,022,020</div>
                    </td>
                    <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftfncell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftguttercell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">
                      <div>1,675,380</div>
                    </td>
                    <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftfncell">&#160;</td>
                  </tr>
                  <tr>
                    <td valign="bottom" style="vertical-align: top; width: 76.78%; padding-bottom: 2px; font-family: 'Times New Roman';">
                      <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); font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; border-bottom: 2px solid rgb(0, 0, 0); font-family: 'Times New Roman';" colspan="1" class="cftnumcell">
                      <div>46,901</div>
                    </td>
                    <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%; border-bottom: 2px solid rgb(0, 0, 0); font-family: 'Times New Roman';" colspan="1" class="cftfncell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; padding-bottom: 2px; font-family: 'Times New Roman';" colspan="1" class="cftguttercell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; border-bottom: 2px solid rgb(0, 0, 0); font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; border-bottom: 2px solid rgb(0, 0, 0); font-family: 'Times New Roman';" colspan="1" class="cftnumcell">
                      <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); font-family: 'Times New Roman';" colspan="1" class="cftfncell">&#160;</td>
                  </tr>
                  <tr>
                    <td valign="bottom" style="vertical-align: top; width: 76.78%; font-family: 'Times New Roman';">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftfncell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftguttercell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftfncell">&#160;</td>
                  </tr>
                  <tr>
                    <td valign="bottom" style="vertical-align: top; width: 76.78%; padding-bottom: 2px; font-family: 'Times New Roman';">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; border-bottom: 2px solid rgb(0, 0, 0); font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; border-bottom: 2px solid rgb(0, 0, 0); font-family: 'Times New Roman';" colspan="1" class="cftnumcell">
                      <div>49,201,641</div>
                    </td>
                    <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%; border-bottom: 2px solid rgb(0, 0, 0); font-family: 'Times New Roman';" colspan="1" class="cftfncell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; padding-bottom: 2px; font-family: 'Times New Roman';" colspan="1" class="cftguttercell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; border-bottom: 2px solid rgb(0, 0, 0); font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; border-bottom: 2px solid rgb(0, 0, 0); font-family: 'Times New Roman';" colspan="1" class="cftnumcell">
                      <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); font-family: 'Times New Roman';" colspan="1" class="cftfncell">&#160;</td>
                  </tr>
                  <tr>
                    <td valign="bottom" style="vertical-align: top; width: 76.78%; font-family: 'Times New Roman';">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftfncell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftguttercell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftfncell">&#160;</td>
                  </tr>
                  <tr>
                    <td valign="bottom" style="vertical-align: top; width: 76.78%; font-family: 'Times New Roman';">
                      <div>Receivables</div>
                    </td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftfncell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftguttercell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftfncell">&#160;</td>
                  </tr>
                  <tr>
                    <td valign="bottom" style="vertical-align: top; width: 76.78%; font-family: 'Times New Roman';">
                      <div>&#160;&#160;&#160;Employer contributions</div>
                    </td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">
                      <div>34,390</div>
                    </td>
                    <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftfncell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftguttercell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">
                      <div>35,495</div>
                    </td>
                    <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftfncell">&#160;</td>
                  </tr>
                  <tr>
                    <td valign="bottom" style="vertical-align: top; width: 76.78%; padding-bottom: 2px; font-family: 'Times New Roman';">
                      <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); font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; border-bottom: 2px solid rgb(0, 0, 0); font-family: 'Times New Roman';" colspan="1" class="cftnumcell">
                      <div>56,473</div>
                    </td>
                    <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%; border-bottom: 2px solid rgb(0, 0, 0); font-family: 'Times New Roman';" colspan="1" class="cftfncell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; padding-bottom: 2px; font-family: 'Times New Roman';" colspan="1" class="cftguttercell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; border-bottom: 2px solid rgb(0, 0, 0); font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; border-bottom: 2px solid rgb(0, 0, 0); font-family: 'Times New Roman';" colspan="1" class="cftnumcell">
                      <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); font-family: 'Times New Roman';" colspan="1" class="cftfncell">&#160;</td>
                  </tr>
                  <tr>
                    <td valign="bottom" style="vertical-align: top; width: 76.78%; font-family: 'Times New Roman';">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftfncell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftguttercell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftfncell">&#160;</td>
                  </tr>
                  <tr>
                    <td valign="bottom" style="vertical-align: top; width: 76.78%; padding-bottom: 2px; font-family: 'Times New Roman';">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; border-bottom: 2px solid rgb(0, 0, 0); font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; border-bottom: 2px solid rgb(0, 0, 0); font-family: 'Times New Roman';" colspan="1" class="cftnumcell">
                      <div>90,863</div>
                    </td>
                    <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%; border-bottom: 2px solid rgb(0, 0, 0); font-family: 'Times New Roman';" colspan="1" class="cftfncell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; padding-bottom: 2px; font-family: 'Times New Roman';" colspan="1" class="cftguttercell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; border-bottom: 2px solid rgb(0, 0, 0); font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; border-bottom: 2px solid rgb(0, 0, 0); font-family: 'Times New Roman';" colspan="1" class="cftnumcell">
                      <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); font-family: 'Times New Roman';" colspan="1" class="cftfncell">&#160;</td>
                  </tr>
                  <tr>
                    <td valign="bottom" style="vertical-align: top; width: 76.78%; font-family: 'Times New Roman';">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftfncell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftguttercell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftfncell">&#160;</td>
                  </tr>
                  <tr>
                    <td valign="bottom" style="vertical-align: top; width: 76.78%; font-family: 'Times New Roman';">
                      <div>NET ASSETS AVAILABLE</div>
                    </td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftfncell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftguttercell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftfncell">&#160;</td>
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                  <tr>
                    <td valign="bottom" style="vertical-align: top; width: 76.78%; padding-bottom: 4px; font-family: 'Times New Roman';">
                      <div>FOR BENEFITS</div>
                    </td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; border-bottom: 4px double rgb(0, 0, 0); font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">
                      <div>$</div>
                    </td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; border-bottom: 4px double rgb(0, 0, 0); font-family: 'Times New Roman';" colspan="1" class="cftnumcell">
                      <div>49,292,504</div>
                    </td>
                    <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%; border-bottom: 4px double rgb(0, 0, 0); font-family: 'Times New Roman';" colspan="1" class="cftfncell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; padding-bottom: 4px; font-family: 'Times New Roman';" colspan="1" class="cftguttercell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; border-bottom: 4px double rgb(0, 0, 0); font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">
                      <div>$</div>
                    </td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; border-bottom: 4px double rgb(0, 0, 0); font-family: 'Times New Roman';" colspan="1" class="cftnumcell">
                      <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); font-family: 'Times New Roman';" colspan="1" class="cftfncell">&#160;</td>
                  </tr>

              </table>
            </div>
            <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
              <div style="text-align: right;" id="DSPFPageNumberArea"><font style="font-family: 'Times New Roman',Times,serif; color: rgb(0, 0, 0); font-weight: normal; font-style: normal;" id="DSPFPageNumber">Page 3</font></div>
              <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="font-weight: bold;"> CULP, INC. EMPLOYEES&#8217; RETIREMENT BUILDER PLAN</div>
            <div style="font-weight: bold;"> STATEMENTS OF CHANGES IN NET ASSETS AVAILABLE FOR BENEFITS<br>
            </div>
            <div style="font-weight: bold;"> Years Ended December 31, 2021, 2020, and 2019<br>
            </div>
            <div style="font-weight: bold;"> <br>
            </div>
            <div style="font-weight: bold;">
              <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="z6adda9b304e540ca979d8d8261f860fd" class="cfttable">

                  <tr>
                    <td valign="bottom" style="vertical-align: top; padding-bottom: 2px; font-family: 'Times New Roman';">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: 'Times New Roman';" colspan="2">
                      <div style="text-align: center; font-weight: bold;"> 2021</div>
                    </td>
                    <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-family: 'Times New Roman';" colspan="1" class="cftfncell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; font-family: 'Times New Roman';" colspan="1" class="cftguttercell">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: 'Times New Roman';" colspan="2">
                      <div style="text-align: center; font-weight: bold;">2020</div>
                    </td>
                    <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-family: 'Times New Roman';" colspan="1" class="cftfncell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; font-family: 'Times New Roman';" colspan="1" class="cftguttercell">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: 'Times New Roman';" colspan="2">
                      <div style="text-align: center; font-weight: bold;">2019</div>
                    </td>
                    <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-family: 'Times New Roman';" colspan="1" class="cftfncell">&#160;</td>
                  </tr>
                  <tr>
                    <td valign="bottom" style="vertical-align: top; font-family: 'Times New Roman';">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; font-family: 'Times New Roman';" colspan="2">&#160;</td>
                    <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-family: 'Times New Roman';" colspan="1" class="cftfncell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; font-family: 'Times New Roman';" colspan="1" class="cftguttercell">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; font-family: 'Times New Roman';" colspan="2">&#160;</td>
                    <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-family: 'Times New Roman';" colspan="1" class="cftfncell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; font-family: 'Times New Roman';" colspan="1" class="cftguttercell">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; font-family: 'Times New Roman';" colspan="2">&#160;</td>
                    <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-family: 'Times New Roman';" colspan="1" class="cftfncell">&#160;</td>
                  </tr>
                  <tr>
                    <td valign="bottom" style="vertical-align: top; font-family: 'Times New Roman';">
                      <div style="font-weight: bold;">CHANGES IN NET ASSETS ATTRIBUTED TO :</div>
                    </td>
                    <td valign="bottom" style="vertical-align: top; font-family: 'Times New Roman';" colspan="2">&#160;</td>
                    <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-family: 'Times New Roman';" colspan="1" class="cftfncell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; font-family: 'Times New Roman';" colspan="1" class="cftguttercell">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; font-family: 'Times New Roman';" colspan="2">&#160;</td>
                    <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-family: 'Times New Roman';" colspan="1" class="cftfncell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; font-family: 'Times New Roman';" colspan="1" class="cftguttercell">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; font-family: 'Times New Roman';" colspan="2">&#160;</td>
                    <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-family: 'Times New Roman';" colspan="1" class="cftfncell">&#160;</td>
                  </tr>
                  <tr>
                    <td valign="bottom" style="vertical-align: top; font-family: 'Times New Roman';">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; font-family: 'Times New Roman';" colspan="2">&#160;</td>
                    <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-family: 'Times New Roman';" colspan="1" class="cftfncell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; font-family: 'Times New Roman';" colspan="1" class="cftguttercell">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; font-family: 'Times New Roman';" colspan="2">&#160;</td>
                    <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-family: 'Times New Roman';" colspan="1" class="cftfncell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; font-family: 'Times New Roman';" colspan="1" class="cftguttercell">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; font-family: 'Times New Roman';" colspan="2">&#160;</td>
                    <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-family: 'Times New Roman';" colspan="1" class="cftfncell">&#160;</td>
                  </tr>
                  <tr>
                    <td valign="bottom" style="vertical-align: top; font-family: 'Times New Roman';">
                      <div>Investment income</div>
                    </td>
                    <td valign="bottom" style="vertical-align: top; font-family: 'Times New Roman';" colspan="2">&#160;</td>
                    <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-family: 'Times New Roman';" colspan="1" class="cftfncell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; font-family: 'Times New Roman';" colspan="1" class="cftguttercell">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; font-family: 'Times New Roman';" colspan="2">&#160;</td>
                    <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-family: 'Times New Roman';" colspan="1" class="cftfncell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; font-family: 'Times New Roman';" colspan="1" class="cftguttercell">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; font-family: 'Times New Roman';" colspan="2">&#160;</td>
                    <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-family: 'Times New Roman';" colspan="1" class="cftfncell">&#160;</td>
                  </tr>
                  <tr>
                    <td valign="bottom" style="vertical-align: top; width: 64.66%; font-family: 'Times New Roman';">
                      <div>Net appreciation in fair value of investments</div>
                    </td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">
                      <div>$</div>
                    </td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">
                      <div>2,265,645</div>
                    </td>
                    <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftfncell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftguttercell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">
                      <div>$</div>
                    </td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">
                      <div>4,315,513</div>
                    </td>
                    <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftfncell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftguttercell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">
                      <div>$</div>
                    </td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">
                      <div>6,293,400</div>
                    </td>
                    <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftfncell">&#160;</td>
                  </tr>
                  <tr>
                    <td valign="bottom" style="vertical-align: top; width: 64.66%; padding-bottom: 2px; font-family: 'Times New Roman';">
                      <div>Interest and dividends</div>
                    </td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; border-bottom: 2px solid rgb(0, 0, 0); font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; border-bottom: 2px solid rgb(0, 0, 0); font-family: 'Times New Roman';" colspan="1" class="cftnumcell">
                      <div>2,596,829</div>
                    </td>
                    <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%; border-bottom: 2px solid rgb(0, 0, 0); font-family: 'Times New Roman';" colspan="1" class="cftfncell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; padding-bottom: 2px; font-family: 'Times New Roman';" colspan="1" class="cftguttercell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; border-bottom: 2px solid rgb(0, 0, 0); font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; border-bottom: 2px solid rgb(0, 0, 0); font-family: 'Times New Roman';" colspan="1" class="cftnumcell">
                      <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); font-family: 'Times New Roman';" colspan="1" class="cftfncell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; padding-bottom: 2px; font-family: 'Times New Roman';" colspan="1" class="cftguttercell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; border-bottom: 2px solid rgb(0, 0, 0); font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; border-bottom: 2px solid rgb(0, 0, 0); font-family: 'Times New Roman';" colspan="1" class="cftnumcell">
                      <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); font-family: 'Times New Roman';" colspan="1" class="cftfncell">&#160;</td>
                  </tr>
                  <tr>
                    <td valign="bottom" style="vertical-align: top; width: 64.66%; font-family: 'Times New Roman';">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftfncell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftguttercell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftfncell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftguttercell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftfncell">&#160;</td>
                  </tr>
                  <tr>
                    <td valign="bottom" style="vertical-align: top; width: 64.66%; padding-bottom: 2px; font-family: 'Times New Roman';">
                      <div>&#160;&#160;&#160;Total investment income</div>
                    </td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; border-bottom: 2px solid rgb(0, 0, 0); font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; border-bottom: 2px solid rgb(0, 0, 0); font-family: 'Times New Roman';" colspan="1" class="cftnumcell">
                      <div>4,862,474</div>
                    </td>
                    <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%; border-bottom: 2px solid rgb(0, 0, 0); font-family: 'Times New Roman';" colspan="1" class="cftfncell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; padding-bottom: 2px; font-family: 'Times New Roman';" colspan="1" class="cftguttercell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; border-bottom: 2px solid rgb(0, 0, 0); font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; border-bottom: 2px solid rgb(0, 0, 0); font-family: 'Times New Roman';" colspan="1" class="cftnumcell">
                      <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); font-family: 'Times New Roman';" colspan="1" class="cftfncell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; padding-bottom: 2px; font-family: 'Times New Roman';" colspan="1" class="cftguttercell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; border-bottom: 2px solid rgb(0, 0, 0); font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
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                      <div>7,869,711</div>
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                    <td valign="bottom" style="vertical-align: top; width: 64.66%; font-family: 'Times New Roman';">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftfncell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftguttercell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftfncell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftguttercell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftfncell">&#160;</td>
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                  <tr>
                    <td valign="bottom" style="vertical-align: top; width: 64.66%; font-family: 'Times New Roman';">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftfncell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftguttercell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftfncell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftguttercell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftfncell">&#160;</td>
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                  <tr>
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                      <div>Contributions</div>
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                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftfncell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftguttercell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftfncell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftguttercell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftfncell">&#160;</td>
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                  <tr>
                    <td valign="bottom" style="vertical-align: top; width: 64.66%; font-family: 'Times New Roman';">
                      <div>Employer</div>
                    </td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">
                      <div>1,126,189</div>
                    </td>
                    <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftfncell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftguttercell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">
                      <div>1,029,861</div>
                    </td>
                    <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftfncell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftguttercell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">
                      <div>1,097,387</div>
                    </td>
                    <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftfncell">&#160;</td>
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                  <tr>
                    <td valign="bottom" style="vertical-align: top; width: 64.66%; font-family: 'Times New Roman';">
                      <div>Participant</div>
                    </td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">
                      <div>1,996,580</div>
                    </td>
                    <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftfncell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftguttercell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">
                      <div>1,816,884</div>
                    </td>
                    <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftfncell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftguttercell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">
                      <div>1,938,609</div>
                    </td>
                    <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftfncell">&#160;</td>
                  </tr>
                  <tr>
                    <td valign="bottom" style="vertical-align: top; width: 64.66%; padding-bottom: 2px; font-family: 'Times New Roman';">
                      <div>Direct rollovers</div>
                    </td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; border-bottom: 2px solid rgb(0, 0, 0); font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; border-bottom: 2px solid rgb(0, 0, 0); font-family: 'Times New Roman';" colspan="1" class="cftnumcell">
                      <div>288,666</div>
                    </td>
                    <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%; border-bottom: 2px solid rgb(0, 0, 0); font-family: 'Times New Roman';" colspan="1" class="cftfncell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; padding-bottom: 2px; font-family: 'Times New Roman';" colspan="1" class="cftguttercell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; border-bottom: 2px solid rgb(0, 0, 0); font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; border-bottom: 2px solid rgb(0, 0, 0); font-family: 'Times New Roman';" colspan="1" class="cftnumcell">
                      <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); font-family: 'Times New Roman';" colspan="1" class="cftfncell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; padding-bottom: 2px; font-family: 'Times New Roman';" colspan="1" class="cftguttercell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; border-bottom: 2px solid rgb(0, 0, 0); font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; border-bottom: 2px solid rgb(0, 0, 0); font-family: 'Times New Roman';" colspan="1" class="cftnumcell">
                      <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); font-family: 'Times New Roman';" colspan="1" class="cftfncell">&#160;</td>
                  </tr>
                  <tr>
                    <td valign="bottom" style="vertical-align: top; width: 64.66%; font-family: 'Times New Roman';">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftfncell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftguttercell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftfncell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftguttercell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftfncell">&#160;</td>
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                    <td valign="bottom" style="vertical-align: top; width: 64.66%; padding-bottom: 2px; font-family: 'Times New Roman';">
                      <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); font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; border-bottom: 2px solid rgb(0, 0, 0); font-family: 'Times New Roman';" colspan="1" class="cftnumcell">
                      <div>3,411,435</div>
                    </td>
                    <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%; border-bottom: 2px solid rgb(0, 0, 0); font-family: 'Times New Roman';" colspan="1" class="cftfncell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; padding-bottom: 2px; font-family: 'Times New Roman';" colspan="1" class="cftguttercell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; border-bottom: 2px solid rgb(0, 0, 0); font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; border-bottom: 2px solid rgb(0, 0, 0); font-family: 'Times New Roman';" colspan="1" class="cftnumcell">
                      <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); font-family: 'Times New Roman';" colspan="1" class="cftfncell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; padding-bottom: 2px; font-family: 'Times New Roman';" colspan="1" class="cftguttercell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; border-bottom: 2px solid rgb(0, 0, 0); font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; border-bottom: 2px solid rgb(0, 0, 0); font-family: 'Times New Roman';" colspan="1" class="cftnumcell">
                      <div>3,374,652</div>
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                    <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%; border-bottom: 2px solid rgb(0, 0, 0); font-family: 'Times New Roman';" colspan="1" class="cftfncell">&#160;</td>
                  </tr>
                  <tr>
                    <td valign="bottom" style="vertical-align: top; width: 64.66%; font-family: 'Times New Roman';">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftfncell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftguttercell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftfncell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftguttercell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftfncell">&#160;</td>
                  </tr>
                  <tr>
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                    </td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">
                      <div>(6,108,100</div>
                    </td>
                    <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftfncell">
                      <div>)</div>
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                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftguttercell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">
                      <div>(5,688,553</div>
                    </td>
                    <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftfncell">
                      <div>)</div>
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                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftguttercell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">
                      <div>(7,010,433</div>
                    </td>
                    <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftfncell">
                      <div>)</div>
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                  <tr>
                    <td valign="bottom" style="vertical-align: top; width: 64.66%; padding-bottom: 2px; font-family: 'Times New Roman';">
                      <div>&#160;&#160;&#160;Administrative expenses</div>
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                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; border-bottom: 2px solid rgb(0, 0, 0); font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; border-bottom: 2px solid rgb(0, 0, 0); font-family: 'Times New Roman';" colspan="1" class="cftnumcell">
                      <div>(116,449</div>
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                    <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%; border-bottom: 2px solid rgb(0, 0, 0); font-family: 'Times New Roman';" colspan="1" class="cftfncell">
                      <div>)</div>
                    </td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; padding-bottom: 2px; font-family: 'Times New Roman';" colspan="1" class="cftguttercell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; border-bottom: 2px solid rgb(0, 0, 0); font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; border-bottom: 2px solid rgb(0, 0, 0); font-family: 'Times New Roman';" colspan="1" class="cftnumcell">
                      <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); font-family: 'Times New Roman';" colspan="1" class="cftfncell">
                      <div>)</div>
                    </td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; padding-bottom: 2px; font-family: 'Times New Roman';" colspan="1" class="cftguttercell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; border-bottom: 2px solid rgb(0, 0, 0); font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; border-bottom: 2px solid rgb(0, 0, 0); font-family: 'Times New Roman';" colspan="1" class="cftnumcell">
                      <div>(110,489</div>
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                    <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%; border-bottom: 2px solid rgb(0, 0, 0); font-family: 'Times New Roman';" colspan="1" class="cftfncell">
                      <div>)</div>
                    </td>
                  </tr>
                  <tr>
                    <td valign="bottom" style="vertical-align: top; width: 64.66%; font-family: 'Times New Roman';">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftfncell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftguttercell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftfncell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftguttercell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftfncell">&#160;</td>
                  </tr>
                  <tr>
                    <td valign="bottom" style="vertical-align: top; width: 64.66%; font-family: 'Times New Roman';">
                      <div>Net increase before transfers</div>
                    </td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">
                      <div>2,049,360</div>
                    </td>
                    <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftfncell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftguttercell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">
                      <div>3,393,924</div>
                    </td>
                    <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftfncell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftguttercell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">
                      <div>4,123,441</div>
                    </td>
                    <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftfncell">&#160;</td>
                  </tr>
                  <tr>
                    <td valign="bottom" style="vertical-align: top; width: 64.66%; font-family: 'Times New Roman';">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftfncell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftguttercell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftfncell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftguttercell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftfncell">&#160;</td>
                  </tr>
                  <tr>
                    <td valign="bottom" style="vertical-align: top; width: 64.66%; font-family: 'Times New Roman';">
                      <div>Transfers, net (Note G)</div>
                    </td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">
                      <div>-</div>
                    </td>
                    <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftfncell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftguttercell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">
                      <div>(663,059</div>
                    </td>
                    <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftfncell">
                      <div>)</div>
                    </td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftguttercell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">
                      <div>-</div>
                    </td>
                    <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftfncell">&#160;</td>
                  </tr>
                  <tr>
                    <td valign="bottom" style="vertical-align: top; width: 64.66%; font-family: 'Times New Roman';">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftfncell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftguttercell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftfncell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftguttercell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftfncell">&#160;</td>
                  </tr>
                  <tr>
                    <td valign="bottom" style="vertical-align: top; width: 64.66%; font-family: 'Times New Roman';">
                      <div>NET ASSETS AVAILABLE</div>
                    </td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftfncell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftguttercell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftfncell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftguttercell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftfncell">&#160;</td>
                  </tr>
                  <tr>
                    <td valign="bottom" style="vertical-align: top; width: 64.66%; font-family: 'Times New Roman';">
                      <div>&#160;FOR BENEFITS</div>
                    </td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftfncell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftguttercell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftfncell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftguttercell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftfncell">&#160;</td>
                  </tr>
                  <tr>
                    <td valign="bottom" style="vertical-align: top; width: 64.66%; padding-bottom: 2px; font-family: 'Times New Roman';">
                      <div>Beginning of year</div>
                    </td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; border-bottom: 2px solid rgb(0, 0, 0); font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; border-bottom: 2px solid rgb(0, 0, 0); font-family: 'Times New Roman';" colspan="1" class="cftnumcell">
                      <div>47,243,144</div>
                    </td>
                    <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%; border-bottom: 2px solid rgb(0, 0, 0); font-family: 'Times New Roman';" colspan="1" class="cftfncell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; padding-bottom: 2px; font-family: 'Times New Roman';" colspan="1" class="cftguttercell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; border-bottom: 2px solid rgb(0, 0, 0); font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; border-bottom: 2px solid rgb(0, 0, 0); font-family: 'Times New Roman';" colspan="1" class="cftnumcell">
                      <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); font-family: 'Times New Roman';" colspan="1" class="cftfncell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; padding-bottom: 2px; font-family: 'Times New Roman';" colspan="1" class="cftguttercell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; border-bottom: 2px solid rgb(0, 0, 0); font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; border-bottom: 2px solid rgb(0, 0, 0); font-family: 'Times New Roman';" colspan="1" class="cftnumcell">
                      <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); font-family: 'Times New Roman';" colspan="1" class="cftfncell">&#160;</td>
                  </tr>
                  <tr>
                    <td valign="bottom" style="vertical-align: top; width: 64.66%; font-family: 'Times New Roman';">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftfncell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftguttercell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftfncell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftguttercell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%; font-family: 'Times New Roman';" colspan="1" class="cftfncell">&#160;</td>
                  </tr>
                  <tr>
                    <td valign="bottom" style="vertical-align: top; width: 64.66%; padding-bottom: 4px; font-family: 'Times New Roman';">
                      <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); font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">
                      <div>$</div>
                    </td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; border-bottom: 4px double rgb(0, 0, 0); font-family: 'Times New Roman';" colspan="1" class="cftnumcell">
                      <div>49,292,504</div>
                    </td>
                    <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%; border-bottom: 4px double rgb(0, 0, 0); font-family: 'Times New Roman';" colspan="1" class="cftfncell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; padding-bottom: 4px; font-family: 'Times New Roman';" colspan="1" class="cftguttercell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; border-bottom: 4px double rgb(0, 0, 0); font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">
                      <div>$</div>
                    </td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; border-bottom: 4px double rgb(0, 0, 0); font-family: 'Times New Roman';" colspan="1" class="cftnumcell">
                      <div>47,243,144</div>
                    </td>
                    <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1.04%; border-bottom: 4px double rgb(0, 0, 0); font-family: 'Times New Roman';" colspan="1" class="cftfncell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; padding-bottom: 4px; font-family: 'Times New Roman';" colspan="1" class="cftguttercell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1.04%; border-bottom: 4px double rgb(0, 0, 0); font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">
                      <div>$</div>
                    </td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9.08%; border-bottom: 4px double rgb(0, 0, 0); font-family: 'Times New Roman';" colspan="1" class="cftnumcell">
                      <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); font-family: 'Times New Roman';" colspan="1" class="cftfncell">&#160;</td>
                  </tr>

              </table>
            </div>
            <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
              <div style="text-align: right;" id="DSPFPageNumberArea"><font style="font-family: 'Times New Roman',Times,serif; color: rgb(0, 0, 0); font-weight: normal; font-style: normal;" id="DSPFPageNumber">Page 4</font></div>
              <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="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, 2021, 2020 AND 2019</div>
              <div style="font-family: Arial, sans-serif; font-size: 11pt; font-weight: bold;">
                <hr noshade="noshade" align="center" style="height: 2px; color: #000000; background-color: #000000; text-align: center; margin-left: auto; margin-right: auto; border: none;"></div>
              <div style="font-family: Arial, sans-serif; font-size: 11pt; font-weight: bold;">
                <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> <br>
                </div>
                <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> NOTE A - DESCRIPTION OF PLAN</div>
                <div style="font-family: 'Times New Roman'; font-size: 10pt;"><br>
                </div>
                <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt; font-weight: normal;">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 style="font-weight: normal; font-family: 'Times New Roman'; font-size: 10pt;"><br>
                </div>
                <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt; font-weight: normal;"><u>General</u></div>
                <div style="font-weight: normal; font-family: 'Times New Roman'; font-size: 10pt;"><br>
                </div>
                <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt; font-weight: normal;">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 style="font-weight: normal; font-family: 'Times New Roman'; font-size: 10pt;"><br>
                </div>
                <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt; font-weight: normal;"><u>CARES Act</u></div>
                <div style="font-weight: normal; font-family: 'Times New Roman'; font-size: 10pt;"><br>
                </div>
                <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt; font-weight: normal;">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 contained several provisions that temporarily affected 401(k) plans through December 31, 2020. These provisions included the waiver of required minimum distributions, a new hardship withdrawal option,
                  increased loan limits, and a loan payment pause option. The Company 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 style="font-weight: normal; font-family: 'Times New Roman'; font-size: 10pt;"><br>
                </div>
                <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt; font-weight: normal;">The Company did not make any additional changes to the provisions of the Plan, as employer matching contributions were still in effect
                  and participants continued to make salary deferral contributions to the Plan.</div>
                <div style="font-weight: normal; font-family: 'Times New Roman'; font-size: 10pt;"><br>
                </div>
                <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt; font-weight: normal;"><u>Contributions</u></div>
                <div style="font-weight: normal; font-family: 'Times New Roman'; font-size: 10pt;"><br>
                </div>
                <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt; font-weight: normal;">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 MassMutual Select T. Rowe Price Retirement Series. Employees who elected to participate in the Plan are required to contribute at least 2% of their annual compensation to the
                  Plan. </div>
              </div>
            </div>
          </div>
        </div>
        <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
          <div style="text-align: right;" id="DSPFPageNumberArea"><font style="font-family: 'Times New Roman',Times,serif; color: rgb(0, 0, 0); font-weight: normal; font-style: normal;" id="DSPFPageNumber">Page 5</font></div>
          <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="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, 2021, 2020 AND 2019</div>
          </div>
        </div>
        <div style="font-family: 'Times New Roman',Times,serif; font-weight: 400;"> <br>
        </div>
        <div style="font-family: 'Times New Roman',Times,serif; font-weight: 400;">
          <hr noshade="noshade" align="center" style="height: 2px; color: #000000; background-color: #000000; text-align: center; margin-left: auto; margin-right: auto; border: none;"></div>
        <div style="font-family: 'Times New Roman',Times,serif; font-weight: 400;"> <br>
        </div>
        <div style="font-family: 'Times New Roman',Times,serif; font-weight: 400;">
          <div style="text-align: justify; font-family: 'Times New Roman';">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, 2021, 2020, or
            2019.</div>
          <div style="font-family: 'Times New Roman';"><br>
          </div>
          <div style="text-align: justify; font-family: 'Times New Roman';"><u>Participant Accounts</u></div>
          <div style="font-family: 'Times New Roman';"><br>
          </div>
          <div style="text-align: justify; font-family: 'Times New Roman';">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 style="font-family: 'Times New Roman';"><br>
          </div>
          <div style="text-align: justify; font-family: 'Times New Roman';"><u>Vesting</u></div>
          <div style="font-family: 'Times New Roman';"><br>
          </div>
          <div style="text-align: justify; font-family: 'Times New Roman';">Participants are immediately vested in their own voluntary contributions and the Company&#8217;s matching contributions plus actual earnings thereon.</div>
          <div style="font-family: 'Times New Roman';"><br>
          </div>
          <div style="font-family: 'Times New Roman';"><u>Notes Receivable from Participants</u></div>
          <div style="font-family: 'Times New Roman';">&#160;</div>
          <div style="text-align: justify; font-family: 'Times New Roman';">Notes receivable from participants are not permitted by the Plan.</div>
          <div style="font-family: 'Times New Roman';"><br>
          </div>
          <div style="text-align: justify; font-family: 'Times New Roman';"><u>Payment of Benefits</u></div>
          <div style="font-family: 'Times New Roman';"><br>
          </div>
          <div style="text-align: justify; font-family: 'Times New Roman';">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 style="font-family: 'Times New Roman';"><br>
          </div>
          <div style="text-align: justify; font-family: 'Times New Roman'; font-weight: bold;">NOTE B - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES</div>
          <div style="font-family: 'Times New Roman';"><br>
          </div>
          <div style="text-align: justify; font-family: 'Times New Roman';"><u>Basis of Accounting</u></div>
          <div style="font-family: 'Times New Roman';"><br>
          </div>
          <div style="text-align: justify; font-family: 'Times New Roman';">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 style="font-family: 'Times New Roman';"><br>
          </div>
          <div style="text-align: justify; font-family: 'Times New Roman';"><u>Investment Valuation and Income Recognition</u></div>
          <div style="font-family: 'Times New Roman';"><br>
          </div>
          <div style="text-align: justify; font-family: 'Times New Roman';">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 style="font-family: 'Times New Roman';"><br>
          </div>
          <div style="text-align: justify; font-family: 'Times New Roman';"><u>Use of Estimates</u></div>
          <div style="font-family: 'Times New Roman';"><br>
          </div>
          <div style="text-align: justify; font-family: 'Times New Roman';">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 id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
            <div style="text-align: right;" id="DSPFPageNumberArea"><font style="color: rgb(0, 0, 0); font-weight: normal; font-style: normal;" id="DSPFPageNumber">Page 6</font></div>
            <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="font-family: 'Times New Roman'; font-weight: bold;">CULP, INC. EMPLOYEES' RETIREMENT BUILDER PLAN</div>
            <div style="font-family: 'Times New Roman'; font-weight: bold;">NOTES TO FINANCIAL STATEMENTS</div>
            <div>
              <div style="font-family: 'Times New Roman'; font-weight: bold;">DECEMBER 31, 2021, 2020 AND 2019</div>
              <div style="font-family: Arial, sans-serif; font-size: 11pt; font-weight: bold;">
                <hr noshade="noshade" align="center" style="height: 2px; color: #000000; background-color: #000000; text-align: center; margin-left: auto; margin-right: auto; border: none;"> </div>
            </div>
          </div>
          <div style="text-align: justify; font-family: Arial, sans-serif; font-size: 11pt;"><font style="font-size: 10pt;"> <br>
            </font></div>
          <div style="text-align: justify; font-family: Arial, sans-serif; font-size: 11pt;"><font style="font-size: 10pt;"> </font>
            <div style="font-family: 'Times New Roman'; font-size: 10pt;"><u>Payment of Benefits</u></div>
            <div style="font-family: 'Times New Roman'; font-size: 10pt;"><br>
            </div>
            <div style="font-family: 'Times New Roman'; font-size: 10pt;">Benefits are recorded when paid.</div>
            <div style="font-family: 'Times New Roman'; font-size: 10pt;"><br>
            </div>
            <div style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">NOTE C - FAIR VALUE MEASUREMENTS</div>
            <div style="font-family: 'Times New Roman'; font-size: 10pt;"><br>
            </div>
            <div style="font-family: 'Times New Roman'; font-size: 10pt;">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 style="font-family: 'Times New Roman'; font-size: 10pt;"><br>
            </div>
            <div style="text-indent: 0pt; font-family: 'Times New Roman'; font-size: 10pt;">Level 1 - Quoted market prices in active markets for identical assets and liabilities,</div>
            <div style="font-family: 'Times New Roman'; font-size: 10pt;"><br>
            </div>
            <div style="font-family: 'Times New Roman'; font-size: 10pt;">Level 2 - Inputs other than level 1 inputs that are either directly or indirectly observable, and</div>
            <div style="font-family: 'Times New Roman'; font-size: 10pt;"><br>
            </div>
            <div style="text-indent: 0pt; font-family: 'Times New Roman'; font-size: 10pt;">Level 3 - Unobservable inputs developed using the company&#8217;s estimates and assumptions, which reflect those a market participant would use.</div>
            <div style="font-family: 'Times New Roman'; font-size: 10pt;"><br>
            </div>
            <div style="font-family: 'Times New Roman'; font-size: 10pt;">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, 2021, 2020, and 2019, respectively.</div>
            <div style="font-family: 'Times New Roman'; font-size: 10pt;"><br>
            </div>
            <div style="font-family: 'Times New Roman'; font-size: 10pt;"><u>Registered Investment Companies</u></div>
            <div style="font-family: 'Times New Roman'; font-size: 10pt;"><br>
            </div>
            <div style="font-family: 'Times New Roman'; font-size: 10pt;">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 style="font-family: 'Times New Roman'; font-size: 10pt;"><br>
            </div>
            <div style="font-family: 'Times New Roman'; font-size: 10pt;"><u>Common and Collective Trust Fund</u></div>
            <div style="font-family: 'Times New Roman'; font-size: 10pt;"><br>
            </div>
            <div style="font-family: 'Times New Roman'; font-size: 10pt;">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 id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
            <div style="text-align: right;" id="DSPFPageNumberArea"><font style="color: rgb(0, 0, 0); font-weight: normal; font-style: normal;" id="DSPFPageNumber">Page 7</font></div>
            <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="font-family: 'Times New Roman'; font-weight: bold;">CULP, INC. EMPLOYEES' RETIREMENT BUILDER PLAN</div>
            <div style="font-family: 'Times New Roman'; font-weight: bold;">NOTES TO FINANCIAL STATEMENTS</div>
            <div>
              <div style="font-family: 'Times New Roman'; font-weight: bold;">DECEMBER 31, 2021, 2020 AND 2019</div>
              <div style="font-family: Arial, sans-serif; font-size: 11pt; font-weight: bold;">
                <hr noshade="noshade" align="center" style="height: 2px; color: #000000; background-color: #000000; text-align: center; margin-left: auto; margin-right: auto; border: none;"> </div>
            </div>
          </div>
          <font style="font-family: 'Times New Roman';"></font><br>
          <div style="text-align: justify; font-family: 'Times New Roman';">
            <div>The following tables present information for which the NAV per share practical expedient was used:</div>
            <br>
          </div>
          <div style="text-align: justify; font-family: Arial, sans-serif; font-size: 11pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';"> </font>
            <table cellspacing="0" cellpadding="0" border="0" class="cfttable" id="zb9c5037b1e2f408f9e33ea945b9a348a" 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); font-family: 'Times New Roman'; width: 36%; border-top: 2px solid rgb(0, 0, 0);">&#160;</td>
                  <td valign="bottom" style="vertical-align: top; font-family: 'Times New Roman'; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); width: 16%;">&#160;</td>
                  <td valign="bottom" style="vertical-align: top; font-family: 'Times New Roman'; border-bottom: 2px solid rgb(0, 0, 0); width: 16.15%; border-top: 2px solid rgb(0, 0, 0);">
                    <div style="text-align: center;"> <br>
                    </div>
                    <div style="text-align: center;">December 31, 2021</div>
                  </td>
                  <td valign="bottom" style="vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: 'Times New Roman'; width: 16.15%; border-top: 2px solid rgb(0, 0, 0);">&#160;</td>
                  <td valign="bottom" style="vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: 'Times New Roman'; width: 16.15%; border-top: 2px solid rgb(0, 0, 0);">&#160;&#160;</td>
                </tr>
                <tr>
                  <td valign="bottom" style="vertical-align: top; font-family: 'Times New Roman'; width: 36%;">&#160;</td>
                  <td valign="bottom" style="vertical-align: top; font-family: 'Times New Roman'; width: 16%;">&#160;</td>
                  <td valign="bottom" style="vertical-align: top; font-family: 'Times New Roman'; width: 16.15%;">&#160;</td>
                  <td valign="bottom" style="vertical-align: top; width: 16.15%;">
                    <div style="text-align: center; font-family: 'Times New Roman';">Redemption</div>
                  </td>
                  <td valign="bottom" style="vertical-align: top; font-family: 'Times New Roman'; width: 16.15%;">&#160;</td>
                </tr>
                <tr>
                  <td valign="bottom" style="vertical-align: top; font-family: 'Times New Roman'; width: 36%;">&#160;</td>
                  <td valign="bottom" style="vertical-align: top; font-family: 'Times New Roman'; width: 16%;">&#160;</td>
                  <td valign="bottom" style="vertical-align: top; font-family: 'Times New Roman'; width: 16.15%;">&#160;</td>
                  <td valign="bottom" style="vertical-align: top; font-family: 'Times New Roman'; width: 16.15%;">
                    <div style="text-align: center;">Frequency (If</div>
                  </td>
                  <td valign="bottom" style="vertical-align: top; font-family: 'Times New Roman'; width: 16.15%;">&#160;</td>
                </tr>
                <tr>
                  <td valign="bottom" style="vertical-align: top; font-family: 'Times New Roman'; width: 36%;">&#160;</td>
                  <td valign="bottom" style="vertical-align: top; font-family: 'Times New Roman'; width: 16%;">&#160;</td>
                  <td valign="bottom" style="vertical-align: top; font-family: 'Times New Roman'; width: 16.15%;">
                    <div style="text-align: center;"> Unfunded</div>
                  </td>
                  <td valign="bottom" style="vertical-align: top; font-family: 'Times New Roman'; width: 16.15%;">
                    <div style="text-align: center;">Currently</div>
                  </td>
                  <td valign="bottom" style="vertical-align: top; font-family: 'Times New Roman'; width: 16.15%;">
                    <div style="text-align: center;">Redemption</div>
                  </td>
                </tr>
                <tr>
                  <td valign="bottom" style="vertical-align: top; font-family: 'Times New Roman'; border-bottom: 2px solid rgb(0, 0, 0); width: 36%;">
                    <div>Description&#160;</div>
                  </td>
                  <td valign="bottom" style="vertical-align: bottom; font-family: 'Times New Roman'; border-bottom: 2px solid rgb(0, 0, 0); width: 16%;">
                    <div style="text-align: center;">Fair Value</div>
                  </td>
                  <td valign="bottom" style="vertical-align: bottom; font-family: 'Times New Roman'; border-bottom: 2px solid rgb(0, 0, 0); width: 16.15%;">
                    <div style="text-align: center;">Commitments</div>
                  </td>
                  <td valign="bottom" style="vertical-align: bottom; font-family: 'Times New Roman'; border-bottom: 2px solid rgb(0, 0, 0); width: 16.15%;">
                    <div style="text-align: center;">Eligible)</div>
                  </td>
                  <td valign="bottom" style="vertical-align: bottom; font-family: 'Times New Roman'; border-bottom: 2px solid rgb(0, 0, 0); width: 16.15%;">
                    <div style="text-align: center;">&#160; Notice Period</div>
                  </td>
                </tr>
                <tr>
                  <td valign="bottom" style="vertical-align: top; font-family: 'Times New Roman'; width: 36%;">&#160;</td>
                  <td valign="bottom" style="vertical-align: top; font-family: 'Times New Roman'; width: 16%;">&#160;</td>
                  <td valign="bottom" style="vertical-align: top; font-family: 'Times New Roman'; width: 16.15%;">&#160;</td>
                  <td valign="bottom" style="vertical-align: top; font-family: 'Times New Roman'; width: 16.15%;">&#160;</td>
                  <td valign="bottom" style="vertical-align: top; font-family: 'Times New Roman'; width: 16.15%;">&#160;&#160;&#160;&#160;&#160;</td>
                </tr>
                <tr>
                  <td valign="bottom" style="vertical-align: top; font-family: 'Times New Roman'; width: 36%;">&#160;</td>
                  <td valign="bottom" style="vertical-align: bottom; font-family: 'Times New Roman'; width: 16%;">&#160;</td>
                  <td valign="bottom" style="vertical-align: bottom; font-family: 'Times New Roman'; width: 16.15%;">&#160;</td>
                  <td valign="bottom" style="vertical-align: bottom; font-family: 'Times New Roman'; width: 16.15%;">&#160;</td>
                  <td valign="bottom" style="vertical-align: bottom; font-family: 'Times New Roman'; width: 16.15%;">&#160;&#160;&#160;&#160;&#160;</td>
                </tr>
                <tr>
                  <td valign="bottom" style="vertical-align: top; font-family: 'Times New Roman'; width: 36%; border-bottom: 2px solid rgb(0, 0, 0);">
                    <div>Invesco Stable Value Trust Fund</div>
                  </td>
                  <td valign="bottom" class="cftnumcell" colspan="1" style="font-family: 'Times New Roman'; vertical-align: bottom; text-align: right; width: 16%; border-bottom: 2px solid rgb(0, 0, 0);">
                    <div style="text-align: center;">$ 6,572,698</div>
                  </td>
                  <td valign="bottom" class="cftnumcell" colspan="1" style="font-family: 'Times New Roman'; vertical-align: bottom; text-align: right; width: 16.15%; border-bottom: 2px solid rgb(0, 0, 0);">
                    <div style="text-align: center;">N/A</div>
                  </td>
                  <td valign="bottom" style="vertical-align: bottom; font-family: 'Times New Roman'; width: 16.15%; border-bottom: 2px solid rgb(0, 0, 0);">
                    <div style="text-align: center;">Daily</div>
                  </td>
                  <td valign="bottom" style="vertical-align: bottom; font-family: 'Times New Roman'; width: 16.15%; border-bottom: 2px solid rgb(0, 0, 0);">
                    <div style="text-align: center;">12 months</div>
                  </td>
                </tr>
                <tr>
                  <td valign="bottom" colspan="5" style="vertical-align: top;">
                    <div>
                      <div style="text-align: center;"><font style="font-family: 'Times New Roman';"> </font></div>
                    </div>
                  </td>
                </tr>
                <tr>
                  <td valign="bottom" rowspan="1" style="vertical-align: top; font-family: 'Times New Roman'; width: 36%;">&#160;</td>
                  <td valign="bottom" class="cftnumcell" colspan="1" rowspan="1" style="font-family: 'Times New Roman'; vertical-align: bottom; text-align: right; width: 16%;">&#160;</td>
                  <td valign="bottom" class="cftnumcell" colspan="1" rowspan="1" style="font-family: 'Times New Roman'; vertical-align: bottom; text-align: right; width: 16.15%;">&#160;</td>
                  <td valign="bottom" rowspan="1" style="vertical-align: top; font-family: 'Times New Roman'; width: 16.15%;">&#160;</td>
                  <td valign="bottom" rowspan="1" style="vertical-align: top; font-family: 'Times New Roman'; width: 16.15%;">&#160;&#160;&#160;&#160;&#160;</td>
                </tr>
                <tr>
                  <td valign="bottom" style="vertical-align: top; font-family: 'Times New Roman'; border-bottom: 2px solid rgb(0, 0, 0); width: 36%;">&#160;</td>
                  <td valign="bottom" class="cftnumcell" colspan="1" style="font-family: 'Times New Roman'; vertical-align: bottom; text-align: right; border-bottom: 2px solid rgb(0, 0, 0); width: 16%;">&#160;</td>
                  <td valign="bottom" style="vertical-align: top; font-family: 'Times New Roman'; border-bottom: 2px solid rgb(0, 0, 0); width: 16.15%;">
                    <div style="text-align: center;">December 31, 2020</div>
                  </td>
                  <td valign="bottom" style="vertical-align: top; font-family: 'Times New Roman'; border-bottom: 2px solid rgb(0, 0, 0); width: 16.15%;">&#160;</td>
                  <td valign="bottom" style="vertical-align: top; font-family: 'Times New Roman'; border-bottom: 2px solid rgb(0, 0, 0); width: 16.15%;">&#160;&#160;</td>
                </tr>
                <tr>
                  <td valign="bottom" style="vertical-align: top; font-family: 'Times New Roman'; width: 36%;">&#160;</td>
                  <td valign="bottom" class="cftnumcell" colspan="1" style="font-family: 'Times New Roman'; vertical-align: bottom; text-align: right; width: 16%;">&#160;</td>
                  <td valign="bottom" class="cftnumcell" colspan="1" style="font-family: 'Times New Roman'; vertical-align: bottom; text-align: right; width: 16.15%;">&#160;</td>
                  <td valign="bottom" style="vertical-align: top; width: 16.15%;">
                    <div style="text-align: center; font-family: 'Times New Roman';">Redemption</div>
                  </td>
                  <td valign="bottom" style="vertical-align: top; font-family: 'Times New Roman'; width: 16.15%;">&#160;</td>
                </tr>
                <tr>
                  <td valign="bottom" style="vertical-align: top; font-family: 'Times New Roman'; width: 36%;">&#160;</td>
                  <td valign="bottom" class="cftnumcell" colspan="1" style="font-family: 'Times New Roman'; vertical-align: bottom; text-align: right; width: 16%;">&#160;</td>
                  <td valign="bottom" class="cftnumcell" colspan="1" style="font-family: 'Times New Roman'; vertical-align: bottom; text-align: right; width: 16.15%;">&#160;</td>
                  <td valign="bottom" style="vertical-align: top; font-family: 'Times New Roman'; width: 16.15%;">
                    <div style="text-align: center;">Frequency (If</div>
                  </td>
                  <td valign="bottom" style="vertical-align: top; font-family: 'Times New Roman'; width: 16.15%;">&#160;</td>
                </tr>
                <tr>
                  <td valign="bottom" style="vertical-align: top; font-family: 'Times New Roman'; width: 36%;">&#160;</td>
                  <td valign="bottom" class="cftnumcell" colspan="1" style="font-family: 'Times New Roman'; vertical-align: bottom; text-align: right; width: 16%;">&#160;</td>
                  <td valign="bottom" style="vertical-align: top; font-family: 'Times New Roman'; width: 16.15%;">
                    <div style="text-align: center;"> Unfunded</div>
                  </td>
                  <td valign="bottom" style="vertical-align: top; font-family: 'Times New Roman'; width: 16.15%;">
                    <div style="text-align: center;">Currently</div>
                  </td>
                  <td valign="bottom" style="vertical-align: top; font-family: 'Times New Roman'; width: 16.15%;">
                    <div style="text-align: center;">Redemption</div>
                  </td>
                </tr>
                <tr>
                  <td valign="bottom" style="vertical-align: top; font-family: 'Times New Roman'; border-bottom: 2px solid rgb(0, 0, 0); width: 36%;">
                    <div>Description&#160;</div>
                  </td>
                  <td valign="bottom" style="vertical-align: bottom; font-family: 'Times New Roman'; border-bottom: 2px solid rgb(0, 0, 0); width: 16%;">
                    <div style="text-align: center;">Fair Value</div>
                  </td>
                  <td valign="bottom" style="vertical-align: bottom; font-family: 'Times New Roman'; border-bottom: 2px solid rgb(0, 0, 0); width: 16.15%;">
                    <div style="text-align: center;">Commitments</div>
                  </td>
                  <td valign="bottom" style="vertical-align: bottom; font-family: 'Times New Roman'; border-bottom: 2px solid rgb(0, 0, 0); width: 16.15%;">
                    <div style="text-align: center;">Eligible)</div>
                  </td>
                  <td valign="bottom" style="vertical-align: bottom; font-family: 'Times New Roman'; border-bottom: 2px solid rgb(0, 0, 0); width: 16.15%;">
                    <div style="text-align: center;">&#160; Notice Period</div>
                  </td>
                </tr>
                <tr>
                  <td valign="bottom" style="vertical-align: top; font-family: 'Times New Roman'; width: 36%;">&#160;</td>
                  <td valign="bottom" class="cftnumcell" colspan="1" style="font-family: 'Times New Roman'; vertical-align: bottom; text-align: right; width: 16%;">&#160;</td>
                  <td valign="bottom" class="cftnumcell" colspan="1" style="font-family: 'Times New Roman'; vertical-align: bottom; text-align: right; width: 16.15%;">&#160;</td>
                  <td valign="bottom" style="vertical-align: top; font-family: 'Times New Roman'; width: 16.15%;">&#160;</td>
                  <td valign="bottom" style="vertical-align: top; font-family: 'Times New Roman'; width: 16.15%;">&#160;&#160;&#160;&#160;&#160;</td>
                </tr>
                <tr>
                  <td valign="bottom" style="vertical-align: top; font-family: 'Times New Roman'; width: 36%;">&#160;</td>
                  <td valign="bottom" class="cftnumcell" colspan="1" style="font-family: 'Times New Roman'; vertical-align: bottom; text-align: right; width: 16%;">&#160;</td>
                  <td valign="bottom" class="cftnumcell" colspan="1" style="font-family: 'Times New Roman'; vertical-align: bottom; text-align: right; width: 16.15%;">&#160;</td>
                  <td valign="bottom" style="vertical-align: bottom; font-family: 'Times New Roman'; width: 16.15%;">&#160;</td>
                  <td valign="bottom" style="vertical-align: bottom; font-family: 'Times New Roman'; width: 16.15%;">&#160;&#160;&#160;&#160;&#160;</td>
                </tr>
                <tr>
                  <td valign="bottom" style="vertical-align: top; font-family: 'Times New Roman'; width: 36%; border-bottom: 2px solid rgb(0, 0, 0);">
                    <div>Invesco Stable Value Trust Fund</div>
                  </td>
                  <td valign="bottom" class="cftnumcell" colspan="1" style="font-family: 'Times New Roman'; vertical-align: bottom; text-align: right; width: 16%; border-bottom: 2px solid rgb(0, 0, 0);">
                    <div style="text-align: center;">$ 8,586,017</div>
                  </td>
                  <td valign="bottom" class="cftnumcell" colspan="1" style="font-family: 'Times New Roman'; vertical-align: bottom; text-align: right; width: 16.15%; border-bottom: 2px solid rgb(0, 0, 0);">
                    <div style="text-align: center;">N/A</div>
                  </td>
                  <td valign="bottom" style="vertical-align: bottom; font-family: 'Times New Roman'; width: 16.15%; border-bottom: 2px solid rgb(0, 0, 0);">
                    <div style="text-align: center;">Daily</div>
                  </td>
                  <td valign="bottom" style="vertical-align: bottom; font-family: 'Times New Roman'; width: 16.15%; border-bottom: 2px solid rgb(0, 0, 0);">
                    <div style="text-align: center;">12 months</div>
                  </td>
                </tr>

            </table>
          </div>
          <div style="text-align: justify; font-family: Arial, sans-serif; font-size: 11pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';"> <br>
            </font></div>
          <div style="text-align: justify; font-family: Arial, sans-serif; font-size: 11pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';"> </font>
            <div style="font-family: 'Times New Roman'; font-size: 10pt;"><u>Culp, Inc. Common Stock</u></div>
            <div style="font-size: 10pt; font-family: 'Times New Roman';"><br>
            </div>
            <div style="font-family: 'Times New Roman'; font-size: 10pt;">This investment is valued at the closing price reported on the New York Stock Exchange, which is the active market in which the individual security is traded. This investment is
              classified within Level 1 of the valuation hierarchy.</div>
            <div style="font-size: 10pt; font-family: 'Times New Roman';"><br>
            </div>
            <div style="font-family: 'Times New Roman'; font-size: 10pt;">The Plan held 107,468 shares and 105,569 shares of the Company&#8217;s common stock as of December 31, 2021, and 2020, respectively. The cost basis of these shares of the Company&#8217;s common
              stock was $1,020,930 and $972,346 as of December 31, 2021, and 2020, respectively.</div>
            <div style="font-size: 10pt; font-family: 'Times New Roman';"><br>
            </div>
            <div style="font-family: 'Times New Roman'; font-size: 10pt;"><u>Money Market Fund</u></div>
            <div style="font-size: 10pt; font-family: 'Times New Roman';"><br>
            </div>
            <div style="font-family: 'Times New Roman'; font-size: 10pt;">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 style="font-size: 10pt; font-family: 'Times New Roman';"><br>
            </div>
            <div style="font-family: 'Times New Roman'; font-size: 10pt;">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>
          <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
            <div style="text-align: right;" id="DSPFPageNumberArea"><font style="color: rgb(0, 0, 0); font-weight: normal; font-style: normal;" id="DSPFPageNumber">Page 8</font></div>
            <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="font-family: 'Times New Roman'; font-weight: bold;">CULP, INC. EMPLOYEES' RETIREMENT BUILDER PLAN</div>
            <div style="font-family: 'Times New Roman'; font-weight: bold;">NOTES TO FINANCIAL STATEMENTS</div>
            <div>
              <div style="font-family: 'Times New Roman'; font-weight: bold;">DECEMBER 31, 2021, 2020 AND 2019</div>
              <div style="font-family: Arial, sans-serif; font-size: 11pt; font-weight: bold;">
                <hr noshade="noshade" align="center" style="height: 2px; color: #000000; background-color: #000000; text-align: center; margin-left: auto; margin-right: auto; border: none;"> </div>
            </div>
          </div>
          <div style="text-align: justify; font-family: Arial, sans-serif; font-size: 11pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';"> </font><br>
          </div>
          <div style="text-align: justify; font-family: Arial, sans-serif; font-size: 11pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';"> </font>
            <div style="font-family: 'Times New Roman'; font-size: 10pt;">The following tables present information about assets and liabilities measured at fair value on a recurring basis:</div>
          </div>
          <div style="text-align: justify; font-family: Arial, sans-serif; font-size: 11pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';"> </font><br>
          </div>
          <div style="text-align: justify; font-family: Arial, sans-serif; font-size: 11pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';"> </font>
            <table cellspacing="0" cellpadding="0" border="0" class="cfttable" id="zaaf8d7aa35e34e0ebf69e1f8a95710f3" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; text-align: left; color: #000000; width: 100%;">

                <tr>
                  <td valign="bottom" rowspan="1" colspan="13" style="vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: 'Times New Roman';">
                    <div style="text-align: center;">Fair Value Measurements as of December 31, 2021, using: </div>
                  </td>
                </tr>
                <tr>
                  <td valign="bottom" style="vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: 'Times New Roman'; width: 52%;">
                    <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; font-family: 'Times New Roman';">Quoted Prices in</div>
                    <div style="text-align: center; font-family: 'Times New Roman';"> Active Markets</div>
                    <div style="text-align: center; font-family: 'Times New Roman';"> for Identical</div>
                    <div style="text-align: center; font-family: 'Times New Roman';"> Assets</div>
                  </td>
                  <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-family: 'Times New Roman'; 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; font-family: 'Times New Roman';">Significant other</div>
                    <div style="text-align: center; font-family: 'Times New Roman';"> Observable Inputs</div>
                  </td>
                  <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-family: 'Times New Roman'; 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; font-family: 'Times New Roman';">Significant</div>
                    <div style="text-align: center; font-family: 'Times New Roman';"> Unobservable</div>
                    <div style="text-align: center; font-family: 'Times New Roman';"> Inputs</div>
                  </td>
                  <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-family: 'Times New Roman'; width: 1%;">&#160;</td>
                  <td valign="bottom" colspan="2" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-family: 'Times New Roman';">&#160;</td>
                  <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-family: 'Times New Roman'; width: 1%;">&#160;</td>
                </tr>
                <tr>
                  <td valign="bottom" style="vertical-align: top; font-family: 'Times New Roman'; width: 52%;">&#160;</td>
                  <td valign="bottom" colspan="2" style="vertical-align: top; font-family: 'Times New Roman';">&#160;</td>
                  <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; font-family: 'Times New Roman'; width: 1%;">&#160;</td>
                  <td valign="bottom" colspan="2" style="vertical-align: top; font-family: 'Times New Roman';">&#160;</td>
                  <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; font-family: 'Times New Roman'; width: 1%;">&#160;</td>
                  <td valign="bottom" colspan="2" style="vertical-align: top; font-family: 'Times New Roman';">&#160;</td>
                  <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; font-family: 'Times New Roman'; width: 1%;">&#160;</td>
                  <td valign="bottom" colspan="2" style="vertical-align: top; font-family: 'Times New Roman';">&#160;</td>
                  <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; font-family: 'Times New Roman'; width: 1%;">&#160;</td>
                </tr>
                <tr>
                  <td valign="bottom" style="vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: 'Times New Roman'; width: 52%;">
                    <div>Description&#160;</div>
                  </td>
                  <td valign="bottom" colspan="2" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-family: 'Times New Roman';">
                    <div style="text-align: center;">Level 1</div>
                  </td>
                  <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-family: 'Times New Roman'; width: 1%;">&#160;</td>
                  <td valign="bottom" colspan="2" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-family: 'Times New Roman';">
                    <div style="text-align: center;">Level 2</div>
                  </td>
                  <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-family: 'Times New Roman'; width: 1%;">&#160;</td>
                  <td valign="bottom" colspan="2" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-family: 'Times New Roman';">
                    <div style="text-align: center;">Level 3</div>
                  </td>
                  <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-family: 'Times New Roman'; width: 1%;">&#160;</td>
                  <td valign="bottom" colspan="2" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-family: 'Times New Roman';">
                    <div style="text-align: center;">Total</div>
                  </td>
                  <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-family: 'Times New Roman'; width: 1%;">&#160;</td>
                </tr>
                <tr>
                  <td valign="bottom" style="vertical-align: top; font-family: 'Times New Roman'; width: 52%;">&#160;</td>
                  <td valign="bottom" colspan="2" style="vertical-align: top; font-family: 'Times New Roman';">&#160;</td>
                  <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; font-family: 'Times New Roman'; width: 1%;">&#160;</td>
                  <td valign="bottom" colspan="2" style="vertical-align: top; font-family: 'Times New Roman';">&#160;</td>
                  <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; font-family: 'Times New Roman'; width: 1%;">&#160;</td>
                  <td valign="bottom" colspan="2" style="vertical-align: top; font-family: 'Times New Roman';">&#160;</td>
                  <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; font-family: 'Times New Roman'; width: 1%;">&#160;</td>
                  <td valign="bottom" colspan="2" style="vertical-align: top; font-family: 'Times New Roman';">&#160;</td>
                  <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; font-family: 'Times New Roman'; width: 1%;">&#160;</td>
                </tr>
                <tr>
                  <td valign="bottom" style="vertical-align: top; font-family: 'Times New Roman'; width: 52%;">
                    <div style="font-style: italic;">Investments at fair value:</div>
                  </td>
                  <td valign="bottom" colspan="2" style="vertical-align: bottom; font-family: 'Times New Roman';">&#160;</td>
                  <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; font-family: 'Times New Roman'; width: 1%;">&#160;</td>
                  <td valign="bottom" colspan="2" style="vertical-align: bottom; font-family: 'Times New Roman';">&#160;</td>
                  <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; font-family: 'Times New Roman'; width: 1%;">&#160;</td>
                  <td valign="bottom" colspan="2" style="vertical-align: bottom; font-family: 'Times New Roman';">&#160;</td>
                  <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; font-family: 'Times New Roman'; width: 1%;">&#160;</td>
                  <td valign="bottom" colspan="2" style="vertical-align: bottom; font-family: 'Times New Roman';">&#160;</td>
                  <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; font-family: 'Times New Roman'; width: 1%;">&#160;</td>
                </tr>
                <tr>
                  <td valign="bottom" style="vertical-align: top; font-family: 'Times New Roman'; width: 52%;">&#160;</td>
                  <td valign="bottom" colspan="2" style="vertical-align: bottom; font-family: 'Times New Roman';">&#160;</td>
                  <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; font-family: 'Times New Roman'; width: 1%;">&#160;</td>
                  <td valign="bottom" colspan="2" style="vertical-align: bottom; font-family: 'Times New Roman';">&#160;</td>
                  <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; font-family: 'Times New Roman'; width: 1%;">&#160;</td>
                  <td valign="bottom" colspan="2" style="vertical-align: bottom; font-family: 'Times New Roman';">&#160;</td>
                  <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; font-family: 'Times New Roman'; width: 1%;">&#160;</td>
                  <td valign="bottom" colspan="2" style="vertical-align: bottom; font-family: 'Times New Roman';">&#160;</td>
                  <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; font-family: 'Times New Roman'; width: 1%;">&#160;</td>
                </tr>
                <tr>
                  <td valign="bottom" style="vertical-align: top; width: 52%; font-family: 'Times New Roman';">
                    <div>Registered investment companies</div>
                  </td>
                  <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; font-family: 'Times New Roman';">
                    <div>$</div>
                  </td>
                  <td valign="bottom" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; font-family: 'Times New Roman';">
                    <div>41,560,022</div>
                  </td>
                  <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; font-family: 'Times New Roman';">&#160;</td>
                  <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; font-family: 'Times New Roman';">
                    <div>$</div>
                  </td>
                  <td valign="bottom" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; font-family: 'Times New Roman';">
                    <div>-</div>
                  </td>
                  <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; font-family: 'Times New Roman';">&#160;</td>
                  <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; font-family: 'Times New Roman';">$<br>
                  </td>
                  <td valign="bottom" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; font-family: 'Times New Roman';">
                    <div>-</div>
                  </td>
                  <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; font-family: 'Times New Roman';">&#160;</td>
                  <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; font-family: 'Times New Roman';">
                    <div>$</div>
                  </td>
                  <td valign="bottom" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; font-family: 'Times New Roman';">
                    <div>41,560,022</div>
                  </td>
                  <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; font-family: 'Times New Roman';">&#160;</td>
                </tr>
                <tr>
                  <td valign="bottom" style="vertical-align: top; width: 52%; font-family: 'Times New Roman';">
                    <div>Culp, Inc. common stock</div>
                  </td>
                  <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; font-family: 'Times New Roman';">&#160;</td>
                  <td valign="bottom" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; font-family: 'Times New Roman';">
                    <div>1,022,020</div>
                  </td>
                  <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; font-family: 'Times New Roman';">&#160;</td>
                  <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; font-family: 'Times New Roman';">&#160;</td>
                  <td valign="bottom" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; font-family: 'Times New Roman';">
                    <div>-</div>
                  </td>
                  <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; font-family: 'Times New Roman';">&#160;</td>
                  <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; font-family: 'Times New Roman';">&#160;</td>
                  <td valign="bottom" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; font-family: 'Times New Roman';">
                    <div>-</div>
                  </td>
                  <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; font-family: 'Times New Roman';">&#160;</td>
                  <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; font-family: 'Times New Roman';">&#160;</td>
                  <td valign="bottom" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; font-family: 'Times New Roman';">
                    <div>1,022,020</div>
                  </td>
                  <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; font-family: 'Times New Roman';">&#160;</td>
                </tr>
                <tr>
                  <td valign="bottom" style="vertical-align: top; width: 52%; font-family: 'Times New Roman'; border-bottom: 2px solid rgb(0, 0, 0);">
                    <div>Money market fund</div>
                  </td>
                  <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0); font-family: 'Times New Roman';">&#160;</td>
                  <td valign="bottom" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; border-bottom: 2px solid rgb(0, 0, 0); font-family: 'Times New Roman';">
                    <div>-</div>
                  </td>
                  <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0); font-family: 'Times New Roman';">&#160;</td>
                  <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0); font-family: 'Times New Roman';">&#160;</td>
                  <td valign="bottom" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; border-bottom: 2px solid rgb(0, 0, 0); font-family: 'Times New Roman';">
                    <div>46,901</div>
                  </td>
                  <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0); font-family: 'Times New Roman';">&#160;</td>
                  <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0); font-family: 'Times New Roman';">&#160;</td>
                  <td valign="bottom" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; border-bottom: 2px solid rgb(0, 0, 0); font-family: 'Times New Roman';">
                    <div>-</div>
                  </td>
                  <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0); font-family: 'Times New Roman';">&#160;</td>
                  <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0); font-family: 'Times New Roman';">&#160;</td>
                  <td valign="bottom" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; border-bottom: 2px solid rgb(0, 0, 0); font-family: 'Times New Roman';">
                    <div>46,901</div>
                  </td>
                  <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0); font-family: 'Times New Roman';">&#160;</td>
                </tr>
                <tr>
                  <td valign="bottom" style="vertical-align: top; width: 52%; font-family: 'Times New Roman';">&#160;</td>
                  <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; font-family: 'Times New Roman';">&#160;</td>
                  <td valign="bottom" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; font-family: 'Times New Roman';">&#160;</td>
                  <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; font-family: 'Times New Roman';">&#160;</td>
                  <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; font-family: 'Times New Roman';">&#160;</td>
                  <td valign="bottom" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; font-family: 'Times New Roman';">&#160;</td>
                  <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; font-family: 'Times New Roman';">&#160;</td>
                  <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; font-family: 'Times New Roman';">&#160;</td>
                  <td valign="bottom" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; font-family: 'Times New Roman';">&#160;</td>
                  <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; font-family: 'Times New Roman';">&#160;</td>
                  <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; font-family: 'Times New Roman';">&#160;</td>
                  <td valign="bottom" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; font-family: 'Times New Roman';">&#160;</td>
                  <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; font-family: 'Times New Roman';">&#160;</td>
                </tr>
                <tr>
                  <td valign="bottom" style="vertical-align: top; width: 52%;">
                    <div style="font-family: 'Times New Roman';">Total investments in the fair value</div>
                  </td>
                  <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; font-family: 'Times New Roman';">&#160;</td>
                  <td valign="bottom" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; font-family: 'Times New Roman';">&#160;</td>
                  <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; font-family: 'Times New Roman';">&#160;</td>
                  <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; font-family: 'Times New Roman';">&#160;</td>
                  <td valign="bottom" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; font-family: 'Times New Roman';">&#160;</td>
                  <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; font-family: 'Times New Roman';">&#160;</td>
                  <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; font-family: 'Times New Roman';">&#160;</td>
                  <td valign="bottom" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; font-family: 'Times New Roman';">&#160;</td>
                  <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; font-family: 'Times New Roman';">&#160;</td>
                  <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; font-family: 'Times New Roman';">&#160;</td>
                  <td valign="bottom" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; font-family: 'Times New Roman';">&#160;</td>
                  <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; font-family: 'Times New Roman';">&#160;</td>
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                <tr>
                  <td valign="bottom" style="vertical-align: top; width: 52%; font-family: 'Times New Roman'; border-bottom: 4px double rgb(0, 0, 0);">
                    <div>&#160;&#160;&#160;&#160;&#160;&#160;hierarchy</div>
                  </td>
                  <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 4px double rgb(0, 0, 0); font-family: 'Times New Roman';">
                    <div>$</div>
                  </td>
                  <td valign="bottom" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; border-bottom: 4px double rgb(0, 0, 0); font-family: 'Times New Roman';">
                    <div>42,582,042</div>
                  </td>
                  <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 4px double rgb(0, 0, 0); font-family: 'Times New Roman';">&#160;</td>
                  <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 4px double rgb(0, 0, 0); font-family: 'Times New Roman';">
                    <div>$</div>
                  </td>
                  <td valign="bottom" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; border-bottom: 4px double rgb(0, 0, 0); font-family: 'Times New Roman';">
                    <div>46,901</div>
                  </td>
                  <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 4px double rgb(0, 0, 0); font-family: 'Times New Roman';">&#160;</td>
                  <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 4px double rgb(0, 0, 0); font-family: 'Times New Roman';">$<br>
                  </td>
                  <td valign="bottom" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; border-bottom: 4px double rgb(0, 0, 0); font-family: 'Times New Roman';">
                    <div>-</div>
                  </td>
                  <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 4px double rgb(0, 0, 0); font-family: 'Times New Roman';">&#160;</td>
                  <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 4px; font-family: 'Times New Roman';">&#160;</td>
                  <td valign="bottom" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; padding-bottom: 4px; font-family: 'Times New Roman';">
                    <div>42,628,943</div>
                  </td>
                  <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 4px; font-family: 'Times New Roman';">&#160;</td>
                </tr>
                <tr>
                  <td valign="bottom" style="vertical-align: top; width: 52%; font-family: 'Times New Roman';">&#160;</td>
                  <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; font-family: 'Times New Roman';">&#160;</td>
                  <td valign="bottom" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; font-family: 'Times New Roman';">&#160;</td>
                  <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; font-family: 'Times New Roman';">&#160;</td>
                  <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; font-family: 'Times New Roman';">&#160;</td>
                  <td valign="bottom" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; font-family: 'Times New Roman';">&#160;</td>
                  <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; font-family: 'Times New Roman';">&#160;</td>
                  <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; font-family: 'Times New Roman';">&#160;</td>
                  <td valign="bottom" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; font-family: 'Times New Roman';">&#160;</td>
                  <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; font-family: 'Times New Roman';">&#160;</td>
                  <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; font-family: 'Times New Roman';">&#160;</td>
                  <td valign="bottom" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; font-family: 'Times New Roman';">&#160;</td>
                  <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; font-family: 'Times New Roman';">&#160;</td>
                </tr>
                <tr>
                  <td valign="bottom" style="vertical-align: top; width: 52%; font-family: 'Times New Roman';">
                    <div style="font-style: italic;">Investments at net asset value:</div>
                  </td>
                  <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; font-family: 'Times New Roman';">&#160;</td>
                  <td valign="bottom" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; font-family: 'Times New Roman';">&#160;</td>
                  <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; font-family: 'Times New Roman';">&#160;</td>
                  <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; font-family: 'Times New Roman';">&#160;</td>
                  <td valign="bottom" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; font-family: 'Times New Roman';">&#160;</td>
                  <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; font-family: 'Times New Roman';">&#160;</td>
                  <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; font-family: 'Times New Roman';">&#160;</td>
                  <td valign="bottom" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; font-family: 'Times New Roman';">&#160;</td>
                  <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; font-family: 'Times New Roman';">&#160;</td>
                  <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; font-family: 'Times New Roman';">&#160;</td>
                  <td valign="bottom" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; font-family: 'Times New Roman';">&#160;</td>
                  <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; font-family: 'Times New Roman';">&#160;</td>
                </tr>
                <tr>
                  <td valign="bottom" style="vertical-align: top; width: 52%; font-family: 'Times New Roman';">&#160;</td>
                  <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; font-family: 'Times New Roman';">&#160;</td>
                  <td valign="bottom" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; font-family: 'Times New Roman';">&#160;</td>
                  <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; font-family: 'Times New Roman';">&#160;</td>
                  <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; font-family: 'Times New Roman';">&#160;</td>
                  <td valign="bottom" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; font-family: 'Times New Roman';">&#160;</td>
                  <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; font-family: 'Times New Roman';">&#160;</td>
                  <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; font-family: 'Times New Roman';">&#160;</td>
                  <td valign="bottom" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; font-family: 'Times New Roman';">&#160;</td>
                  <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; font-family: 'Times New Roman';">&#160;</td>
                  <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; font-family: 'Times New Roman';">&#160;</td>
                  <td valign="bottom" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; font-family: 'Times New Roman';">&#160;</td>
                  <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; font-family: 'Times New Roman';">&#160;</td>
                </tr>
                <tr>
                  <td valign="bottom" style="vertical-align: top; width: 52%; padding-bottom: 2px; font-family: 'Times New Roman';">
                    <div>Common and collective trust fund</div>
                  </td>
                  <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; font-family: 'Times New Roman';">&#160;</td>
                  <td valign="bottom" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; padding-bottom: 2px; font-family: 'Times New Roman';">&#160;</td>
                  <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; font-family: 'Times New Roman';">&#160;</td>
                  <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; font-family: 'Times New Roman';">&#160;</td>
                  <td valign="bottom" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; padding-bottom: 2px; font-family: 'Times New Roman';">&#160;</td>
                  <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; font-family: 'Times New Roman';">&#160;</td>
                  <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; font-family: 'Times New Roman';">&#160;</td>
                  <td valign="bottom" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; padding-bottom: 2px; font-family: 'Times New Roman';">&#160;</td>
                  <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; font-family: 'Times New Roman';">&#160;</td>
                  <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0); font-family: 'Times New Roman';">&#160;</td>
                  <td valign="bottom" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; border-bottom: 2px solid rgb(0, 0, 0); font-family: 'Times New Roman';">
                    <div>6,572,698</div>
                  </td>
                  <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0); font-family: 'Times New Roman';">&#160;</td>
                </tr>
                <tr>
                  <td valign="bottom" style="vertical-align: top; width: 52%; font-family: 'Times New Roman';">&#160;</td>
                  <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; font-family: 'Times New Roman';">&#160;</td>
                  <td valign="bottom" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; font-family: 'Times New Roman';">&#160;</td>
                  <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; font-family: 'Times New Roman';">&#160;</td>
                  <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; font-family: 'Times New Roman';">&#160;</td>
                  <td valign="bottom" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; font-family: 'Times New Roman';">&#160;</td>
                  <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; font-family: 'Times New Roman';">&#160;</td>
                  <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; font-family: 'Times New Roman';">&#160;</td>
                  <td valign="bottom" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; font-family: 'Times New Roman';">&#160;</td>
                  <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; font-family: 'Times New Roman';">&#160;</td>
                  <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; font-family: 'Times New Roman';">&#160;</td>
                  <td valign="bottom" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; font-family: 'Times New Roman';">&#160;</td>
                  <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; font-family: 'Times New Roman';">&#160;</td>
                </tr>
                <tr>
                  <td valign="bottom" style="vertical-align: top; width: 52%; font-family: 'Times New Roman'; border-bottom: 2px solid rgb(0, 0, 0);">
                    <div>Total investments at fair value</div>
                  </td>
                  <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; font-family: 'Times New Roman'; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
                  <td valign="bottom" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; font-family: 'Times New Roman'; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
                  <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; font-family: 'Times New Roman'; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
                  <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; font-family: 'Times New Roman'; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
                  <td valign="bottom" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; font-family: 'Times New Roman'; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
                  <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; font-family: 'Times New Roman'; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
                  <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; font-family: 'Times New Roman'; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
                  <td valign="bottom" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; font-family: 'Times New Roman'; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
                  <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; font-family: 'Times New Roman'; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
                  <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; font-family: 'Times New Roman'; border-bottom: 2px solid rgb(0, 0, 0);">
                    <div>$</div>
                  </td>
                  <td valign="bottom" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; font-family: 'Times New Roman'; border-bottom: 2px solid rgb(0, 0, 0);">
                    <div>49,201,641</div>
                  </td>
                  <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; font-family: 'Times New Roman'; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
                </tr>

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            <div> <font style="font-family: 'Times New Roman'; font-size: 10pt;"><br>
              </font></div>
            <div><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font><br>
              <table cellspacing="0" cellpadding="0" border="0" class="cfttable" id="z68d99cd6cb204dad82bae7e4775c8472" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; text-align: left; color: #000000; width: 100%;">

                  <tr>
                    <td valign="bottom" rowspan="1" colspan="13" style="vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);">
                      <div style="text-align: center; font-family: Arial, sans-serif; font-size: 9pt;">Fair Value Measurements as of December 31, 2020, using: </div>
                    </td>
                  </tr>
                  <tr>
                    <td valign="bottom" style="vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); width: 52%;">
                      <div style="font-family: Arial, sans-serif; font-size: 9pt;">&#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; font-family: Arial, sans-serif; font-size: 9pt;">Quoted Prices in</div>
                      <div style="text-align: center; font-family: Arial, sans-serif; font-size: 9pt;"> Active Markets</div>
                      <div style="text-align: center; font-family: Arial, sans-serif; font-size: 9pt;"> for Identical</div>
                      <div style="text-align: center; font-family: Arial, sans-serif; font-size: 9pt;"> Assets</div>
                    </td>
                    <td valign="bottom" nowrap="nowrap" class="cftfncell" 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; font-family: Arial, sans-serif; font-size: 9pt;">Significant other</div>
                      <div style="text-align: center; font-family: Arial, sans-serif; font-size: 9pt;"> Observable Inputs</div>
                    </td>
                    <td valign="bottom" nowrap="nowrap" class="cftfncell" 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; font-family: Arial, sans-serif; font-size: 9pt;">Significant</div>
                      <div style="text-align: center; font-family: Arial, sans-serif; font-size: 9pt;"> Unobservable</div>
                      <div style="text-align: center; font-family: Arial, sans-serif; font-size: 9pt;"> Inputs</div>
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                    <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1%;">&#160;</td>
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                    <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1%;">&#160;</td>
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                    <td valign="bottom" style="vertical-align: top; width: 52%;">&#160;</td>
                    <td valign="bottom" colspan="2" style="vertical-align: top;">&#160;</td>
                    <td valign="bottom" nowrap="nowrap" class="cftfncell" 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" class="cftfncell" 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" class="cftfncell" 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" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
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                    <td valign="bottom" style="vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); width: 52%;">
                      <div style="font-family: Arial, sans-serif; font-size: 9pt;">Description&#160;</div>
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                      <div style="text-align: center; font-family: Arial, sans-serif; font-size: 9pt;">Level 1</div>
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                      <div style="text-align: center; font-family: Arial, sans-serif; font-size: 9pt;">Level 2</div>
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                    <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1%;">&#160;</td>
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                      <div style="text-align: center; font-family: Arial, sans-serif; font-size: 9pt;">Level 3</div>
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                    <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1%;">&#160;</td>
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                      <div style="text-align: center; font-family: Arial, sans-serif; font-size: 9pt;">Total</div>
                    </td>
                    <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1%;">&#160;</td>
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                  <tr>
                    <td valign="bottom" style="vertical-align: top; width: 52%;">&#160;</td>
                    <td valign="bottom" colspan="2" style="vertical-align: top;">&#160;</td>
                    <td valign="bottom" nowrap="nowrap" class="cftfncell" 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" class="cftfncell" 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" class="cftfncell" 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" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
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                  <tr>
                    <td valign="bottom" style="vertical-align: top; width: 52%;">
                      <div style="font-family: Arial, sans-serif; font-size: 9pt; font-style: italic;">Investments at fair value:</div>
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                    <td valign="bottom" colspan="2" style="vertical-align: bottom;">&#160;</td>
                    <td valign="bottom" nowrap="nowrap" class="cftfncell" 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" class="cftfncell" 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" class="cftfncell" 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" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
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                  <tr>
                    <td valign="bottom" style="vertical-align: top; width: 52%;">&#160;</td>
                    <td valign="bottom" colspan="2" style="vertical-align: bottom;">&#160;</td>
                    <td valign="bottom" nowrap="nowrap" class="cftfncell" 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" class="cftfncell" 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" class="cftfncell" 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" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
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                  <tr>
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                      <div style="font-family: Arial, sans-serif; font-size: 9pt;">Registered investment companies</div>
                    </td>
                    <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;">
                      <div style="font-family: Arial, sans-serif; font-size: 9pt;">$</div>
                    </td>
                    <td valign="bottom" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 10%;">
                      <div style="font-family: Arial, sans-serif; font-size: 9pt;">36,809,440</div>
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                    <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                    <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;">
                      <div style="font-family: Arial, sans-serif; font-size: 9pt;">$</div>
                    </td>
                    <td valign="bottom" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 10%;">
                      <div style="font-family: Arial, sans-serif; font-size: 9pt;">-</div>
                    </td>
                    <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                    <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;">$<br>
                    </td>
                    <td valign="bottom" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 10%;">
                      <div style="font-family: Arial, sans-serif; font-size: 9pt;">-</div>
                    </td>
                    <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                    <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;">
                      <div style="font-family: Arial, sans-serif; font-size: 9pt;">$</div>
                    </td>
                    <td valign="bottom" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 10%;">
                      <div style="font-family: Arial, sans-serif; font-size: 9pt;">36,809,440</div>
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                    <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                  </tr>
                  <tr>
                    <td valign="bottom" style="vertical-align: top; width: 52%;">
                      <div style="font-family: Arial, sans-serif; font-size: 9pt;">Culp, Inc. common stock</div>
                    </td>
                    <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                    <td valign="bottom" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 10%;">
                      <div style="font-family: Arial, sans-serif; font-size: 9pt;">1,675,380</div>
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                    <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                    <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                    <td valign="bottom" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 10%;">
                      <div style="font-family: Arial, sans-serif; font-size: 9pt;">-</div>
                    </td>
                    <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                    <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                    <td valign="bottom" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 10%;">
                      <div style="font-family: Arial, sans-serif; font-size: 9pt;">-</div>
                    </td>
                    <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                    <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                    <td valign="bottom" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 10%;">
                      <div style="font-family: Arial, sans-serif; font-size: 9pt;">1,675,380</div>
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                    <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                  </tr>
                  <tr>
                    <td valign="bottom" style="vertical-align: top; width: 52%; border-bottom: 2px solid rgb(0, 0, 0);">
                      <div style="font-family: Arial, sans-serif; font-size: 9pt;">Money market fund</div>
                    </td>
                    <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
                    <td valign="bottom" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; border-bottom: 2px solid rgb(0, 0, 0);">
                      <div style="font-family: Arial, sans-serif; font-size: 9pt;">-</div>
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                    <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
                    <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
                    <td valign="bottom" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; border-bottom: 2px solid rgb(0, 0, 0);">
                      <div style="font-family: Arial, sans-serif; font-size: 9pt;">70,843</div>
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                    <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
                    <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
                    <td valign="bottom" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; border-bottom: 2px solid rgb(0, 0, 0);">
                      <div style="font-family: Arial, sans-serif; font-size: 9pt;">-</div>
                    </td>
                    <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
                    <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
                    <td valign="bottom" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; border-bottom: 2px solid rgb(0, 0, 0);">
                      <div style="font-family: Arial, sans-serif; font-size: 9pt;">70,843</div>
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                    <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
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                  <tr>
                    <td valign="bottom" style="vertical-align: top; width: 52%;">&#160;</td>
                    <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                    <td valign="bottom" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 10%;">&#160;</td>
                    <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                    <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                    <td valign="bottom" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 10%;">&#160;</td>
                    <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                    <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                    <td valign="bottom" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 10%;">&#160;</td>
                    <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                    <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                    <td valign="bottom" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 10%;">&#160;</td>
                    <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                  </tr>
                  <tr>
                    <td valign="bottom" style="vertical-align: top; width: 52%;">
                      <div style="font-family: Arial, sans-serif; font-size: 9pt;">Total investments in the fair value</div>
                    </td>
                    <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                    <td valign="bottom" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 10%;">&#160;</td>
                    <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                    <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                    <td valign="bottom" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 10%;">&#160;</td>
                    <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                    <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                    <td valign="bottom" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 10%;">&#160;</td>
                    <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                    <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                    <td valign="bottom" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 10%;">&#160;</td>
                    <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                  </tr>
                  <tr>
                    <td valign="bottom" style="vertical-align: top; width: 52%; border-bottom: 4px double rgb(0, 0, 0);">
                      <div style="font-family: Arial, sans-serif; font-size: 9pt;">&#160;&#160;&#160;&#160;&#160;&#160;hierarchy</div>
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                    <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 4px double rgb(0, 0, 0);">
                      <div style="font-family: Arial, sans-serif; font-size: 9pt;">$</div>
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                    <td valign="bottom" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; border-bottom: 4px double rgb(0, 0, 0);">
                      <div style="font-family: Arial, sans-serif; font-size: 9pt;">38,484,820</div>
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                    <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 4px double rgb(0, 0, 0);">&#160;</td>
                    <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 4px double rgb(0, 0, 0);">
                      <div style="font-family: Arial, sans-serif; font-size: 9pt;">$</div>
                    </td>
                    <td valign="bottom" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; border-bottom: 4px double rgb(0, 0, 0);">
                      <div style="font-family: Arial, sans-serif; font-size: 9pt;">70,843</div>
                    </td>
                    <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 4px double rgb(0, 0, 0);">&#160;</td>
                    <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 4px double rgb(0, 0, 0);">$<br>
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                    <td valign="bottom" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; border-bottom: 4px double rgb(0, 0, 0);">
                      <div style="font-family: Arial, sans-serif; font-size: 9pt;">-</div>
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                    <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 4px double rgb(0, 0, 0);">&#160;</td>
                    <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 4px;">&#160;</td>
                    <td valign="bottom" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; padding-bottom: 4px;">
                      <div style="font-family: Arial, sans-serif; font-size: 9pt;">38,555,663</div>
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                    <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 4px;">&#160;</td>
                  </tr>
                  <tr>
                    <td valign="bottom" style="vertical-align: top; width: 52%;">&#160;</td>
                    <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                    <td valign="bottom" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 10%;">&#160;</td>
                    <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                    <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                    <td valign="bottom" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 10%;">&#160;</td>
                    <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                    <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                    <td valign="bottom" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 10%;">&#160;</td>
                    <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                    <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                    <td valign="bottom" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 10%;">&#160;</td>
                    <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                  </tr>
                  <tr>
                    <td valign="bottom" style="vertical-align: top; width: 52%;">
                      <div style="font-family: Arial, sans-serif; font-size: 9pt; font-style: italic;">Investments at net asset value:</div>
                    </td>
                    <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                    <td valign="bottom" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 10%;">&#160;</td>
                    <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                    <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                    <td valign="bottom" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 10%;">&#160;</td>
                    <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                    <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                    <td valign="bottom" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 10%;">&#160;</td>
                    <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                    <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                    <td valign="bottom" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 10%;">&#160;</td>
                    <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                  </tr>
                  <tr>
                    <td valign="bottom" style="vertical-align: top; width: 52%;">&#160;</td>
                    <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                    <td valign="bottom" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 10%;">&#160;</td>
                    <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                    <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                    <td valign="bottom" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 10%;">&#160;</td>
                    <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                    <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                    <td valign="bottom" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 10%;">&#160;</td>
                    <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                    <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                    <td valign="bottom" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 10%;">&#160;</td>
                    <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                  </tr>
                  <tr>
                    <td valign="bottom" style="vertical-align: top; width: 52%; padding-bottom: 2px;">
                      <div style="font-family: Arial, sans-serif; font-size: 9pt;">Common and collective trust fund</div>
                    </td>
                    <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;">&#160;</td>
                    <td valign="bottom" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; padding-bottom: 2px;">&#160;</td>
                    <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;">&#160;</td>
                    <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;">&#160;</td>
                    <td valign="bottom" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; padding-bottom: 2px;">&#160;</td>
                    <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;">&#160;</td>
                    <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;">&#160;</td>
                    <td valign="bottom" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; padding-bottom: 2px;">&#160;</td>
                    <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;">&#160;</td>
                    <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
                    <td valign="bottom" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; border-bottom: 2px solid rgb(0, 0, 0);">
                      <div style="font-family: Arial, sans-serif; font-size: 9pt;">8,586,017</div>
                    </td>
                    <td valign="bottom" nowrap="nowrap" class="cftfncell" 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: 52%;">&#160;</td>
                    <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                    <td valign="bottom" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 10%;">&#160;</td>
                    <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                    <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                    <td valign="bottom" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 10%;">&#160;</td>
                    <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                    <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                    <td valign="bottom" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 10%;">&#160;</td>
                    <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                    <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                    <td valign="bottom" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 10%;">&#160;</td>
                    <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
                  </tr>
                  <tr>
                    <td valign="bottom" style="vertical-align: top; width: 52%; border-bottom: 2px solid rgb(0, 0, 0);">
                      <div style="font-family: Arial, sans-serif; font-size: 9pt;">Total investments at fair value</div>
                    </td>
                    <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
                    <td valign="bottom" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
                    <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
                    <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
                    <td valign="bottom" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
                    <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
                    <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
                    <td valign="bottom" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
                    <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
                    <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);">
                      <div style="font-family: Arial, sans-serif; font-size: 9pt;">$</div>
                    </td>
                    <td valign="bottom" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; border-bottom: 2px solid rgb(0, 0, 0);">
                      <div style="font-family: Arial, sans-serif; font-size: 9pt;">47,141,680</div>
                    </td>
                    <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
                  </tr>

              </table>
            </div>
            <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
              <div style="text-align: right;" id="DSPFPageNumberArea"><font style="font-family: 'Times New Roman',Times,serif; font-size: 10pt; color: rgb(0, 0, 0); font-weight: normal; font-style: normal;" id="DSPFPageNumber">Page 9</font></div>
              <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>
            <font style="font-size: 10pt;"> </font>
            <div>
              <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">CULP, INC. EMPLOYEES' RETIREMENT BUILDER PLAN</div>
              <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">NOTES TO FINANCIAL STATEMENTS</div>
              <div style="font-family: 'Times New Roman'; font-size: 10pt;">
                <div style="text-align: left; font-weight: bold;">DECEMBER 31, 2021, 2020 AND 2019</div>
              </div>
            </div>
            <div><font style="font-size: 10pt;"> </font>
              <hr noshade="noshade" align="center" style="height: 2px; color: #000000; background-color: #000000; text-align: center; margin-left: auto; margin-right: auto; border: none;"></div>
            <div> <br>
            </div>
            <div>
              <div style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">NOTE D - EXEMPT PARTY-IN-INTEREST TRANSACTIONS</div>
              <div style="font-size: 10pt; font-family: 'Times New Roman';"><br>
              </div>
              <div style="font-family: 'Times New Roman'; font-size: 10pt;">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.</div>
              <div style="font-size: 10pt; font-family: 'Times New Roman';"><br>
              </div>
              <div style="font-family: 'Times New Roman'; font-size: 10pt;">Plan investments include shares of mutual funds managed by MassMutual Select Funds, an affiliate of the administrator of the Plan during years ended December 31, 2020, and 2019.
                Therefore, transactions associated with mutual funds managed by MassMutual Select Funds during the years ended 2020 and 2019, qualified as party-in-interest. On December 31, 2020, Empower Retirement acquired the retirement business of
                MassMutual Life Insurance Company. Accordingly, Great-West Life &amp; Annuity Insurance Company, an affiliate of Empower Retirement, served as the Plan&#8217;s administrator during the year ended December 31, 2021.</div>
              <div style="font-size: 10pt; font-family: 'Times New Roman';"><br>
              </div>
              <div style="font-family: 'Times New Roman'; font-size: 10pt;">Administrative fees paid directly by the Plan to Raymond James Financial Services for investment advisory and other administrative services were $92,939, $81,922, and $84,649
                during the years ended December 31, 2021, 2020 and 2019, respectively.</div>
              <div style="font-size: 10pt; font-family: 'Times New Roman';"><br>
              </div>
              <div style="font-family: 'Times New Roman'; font-size: 10pt;">Administrative fees paid directly by the Plan to Smith Leonard PLLC for audit services were $14,500, $14,455, and $14,500 during the years ended December 31, 2021, 2020 and 2019,
                respectively.</div>
              <div style="font-size: 10pt; font-family: 'Times New Roman';"><br>
              </div>
              <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Administrative fees paid directly by the Plan to Great-West Life &amp; Annuity Insurance Company were $9,010 during the year ended December 31, 2021.</div>
              <div style="font-size: 10pt; font-family: 'Times New Roman';"><br>
              </div>
              <div style="font-family: 'Times New Roman'; font-size: 10pt;">Administrative fees paid directly by the Plan to MassMutual Retirement Services, LLC were $7,150 and $11,340 during the years ended December 31, 2020, and 2019, respectively.</div>
              <div style="font-size: 10pt; font-family: 'Times New Roman';"><br>
              </div>
              <div style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">NOTE E - PLAN TERMINATION</div>
              <div style="font-size: 10pt; font-family: 'Times New Roman';"><br>
              </div>
              <div style="font-family: 'Times New Roman'; font-size: 10pt;">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 style="font-size: 10pt; font-family: 'Times New Roman';"><br>
              </div>
              <div style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">NOTE F - TAX STATUS</div>
              <div style="font-size: 10pt; font-family: 'Times New Roman';"><br>
              </div>
              <div style="font-family: 'Times New Roman'; font-size: 10pt;">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 style="font-size: 10pt; font-family: 'Times New Roman';"><br>
              </div>
              <div style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">NOTE G - TRANSFER OF PLAN ASSETS</div>
              <div style="font-size: 10pt; font-family: 'Times New Roman';"><br>
              </div>
              <div style="font-family: 'Times New Roman'; font-size: 10pt;">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-business sales channels. Effective March&#160;31, 2020, the Company sold its entire majority ownership interest in eLuxury and therefore, employees of eLuxury are no longer able to participate in
                the Plan. As a result, net assets totaling $663,059 were transferred out of the Plan.</div>
            </div>
            <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
              <div style="text-align: right;" id="DSPFPageNumberArea"><font style="font-family: 'Times New Roman',Times,serif; font-size: 10pt; color: rgb(0, 0, 0); font-weight: normal; font-style: normal;" id="DSPFPageNumber">Page 10</font></div>
              <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: left; font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">CULP, INC. EMPLOYEES' RETIREMENT BUILDER PLAN</div>
              <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">NOTES TO FINANCIAL STATEMENTS</div>
              <div>
                <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">DECEMBER 31, 2021, 2020 AND 2019</div>
                <div style="text-align: left; font-weight: bold;">
                  <hr noshade="noshade" align="center" style="height: 2px; color: #000000; background-color: #000000; text-align: center; margin-left: auto; margin-right: auto; border: none;"> </div>
              </div>
            </div>
            <div><font style="font-size: 10pt; font-family: 'Times New Roman';"> </font><br>
            </div>
            <div><font style="font-size: 10pt; font-family: 'Times New Roman';"> </font>
              <div style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">NOTE H - RISKS AND UNCERTAINTIES</div>
              <div style="font-family: 'Times New Roman'; font-size: 10pt;"><br>
              </div>
              <div style="font-family: 'Times New Roman'; font-size: 10pt;">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 id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
              <div style="text-align: right;" id="DSPFPageNumberArea"><font style="font-family: 'Times New Roman',Times,serif; font-size: 10pt; color: rgb(0, 0, 0); font-weight: normal; font-style: normal;" id="DSPFPageNumber">Page 11</font></div>
              <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'; font-size: 10pt; font-style: italic; font-weight: bold;">SUPPLEMENTAL INFORMATION</div>
            </div>
            <div><font style="font-size: 10pt; font-family: 'Times New Roman';"> </font><font style="font-weight: bold; font-family: 'Times New Roman'; font-size: 10pt;"><br>
              </font></div>
            <font style="font-weight: bold; font-family: 'Times New Roman'; font-size: 10pt;"> </font>
            <div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;"> CULP, INC. EMPLOYEES&#8217; RETIREMENT BUILDER PLAN<br>
              </font><font style="font-family: 'Times New Roman';"> </font></div>
            <div> <font style="font-weight: bold; font-family: 'Times New Roman'; font-size: 10pt;">SCHEDULE H, LINE 4i - SCHEDULE OF ASSETS (HELD AT END OF YEAR)<br>
              </font></div>
            <div> <font style="font-weight: bold; font-family: 'Times New Roman'; font-size: 10pt;">EIN: 56-1001967<br>
                PLAN NUMBER: 001<br>
              </font></div>
            <div><font style="font-weight: bold; font-family: 'Times New Roman'; font-size: 10pt;"> December 31, 2021</font><font style="font-family: 'Times New Roman';"><br>
              </font></div>
            <font style="font-family: 'Times New Roman';"> </font>
            <div><font style="font-size: 10pt; font-family: 'Times New Roman';"> </font>
              <hr noshade="noshade" align="center" style="height: 2px; color: #000000; background-color: #000000; text-align: center; margin-left: auto; margin-right: auto; border: none;"> </div>
            <font style="font-family: 'Times New Roman';"> </font>
            <div><font style="font-size: 10pt; font-family: 'Times New Roman';"> </font><font style="font-family: 'Times New Roman';"><br>
              </font> </div>
            <font style="font-family: 'Times New Roman';"> </font>
            <div><font style="font-size: 10pt; font-family: 'Times New Roman';"> </font>
              <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="zb33776f6a29b4cd58bfa931bd51afb80" class="cfttable">

                  <tr>
                    <td valign="bottom" style="vertical-align: top; width: 3%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 36%; font-family: 'Times New Roman';">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 20%; font-family: 'Times New Roman';">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 20%; font-family: 'Times New Roman';">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; font-family: 'Times New Roman';" colspan="2">
                      <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%; font-family: 'Times New Roman'; font-weight: bold; text-align: center;" colspan="1">(a)</td>
                    <td valign="bottom" style="vertical-align: top; width: 2%; padding-bottom: 2px; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); width: 36%; font-family: 'Times New Roman';" rowspan="1">
                      <div style="text-align: center; font-weight: bold;">(b) Borrower, Lessor or Similar Party</div>
                    </td>
                    <td valign="bottom" style="vertical-align: top; width: 2%; padding-bottom: 2px; font-family: 'Times New Roman';" rowspan="1" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); width: 20%; font-family: 'Times New Roman';">
                      <div style="text-align: center; font-weight: bold;">(c) Description of Investment</div>
                    </td>
                    <td valign="bottom" style="vertical-align: top; width: 2%; padding-bottom: 2px; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); width: 20%; font-family: 'Times New Roman';">
                      <div style="text-align: center; font-weight: bold;">(d) Cost **</div>
                    </td>
                    <td valign="bottom" style="vertical-align: top; width: 2%; padding-bottom: 2px; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: 'Times New Roman';" colspan="2">
                      <div style="text-align: center; font-weight: bold;">Value</div>
                    </td>
                  </tr>
                  <tr>
                    <td valign="bottom" style="vertical-align: top; width: 3%; font-family: 'Times New Roman';" colspan="1" rowspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 2%; font-family: 'Times New Roman';" colspan="1" rowspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 36%; font-family: 'Times New Roman';" rowspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 2%; font-family: 'Times New Roman';" rowspan="1" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 20%; font-family: 'Times New Roman';" rowspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 2%; font-family: 'Times New Roman';" rowspan="1" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 20%; font-family: 'Times New Roman';" rowspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 2%; font-family: 'Times New Roman';" rowspan="1" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; font-family: 'Times New Roman';" colspan="2" rowspan="1">&#160;</td>
                  </tr>
                  <tr>
                    <td valign="bottom" style="vertical-align: top; width: 3%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 36%; font-family: 'Times New Roman';">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 20%; font-family: 'Times New Roman';">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 20%; font-family: 'Times New Roman';">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; font-family: 'Times New Roman';" colspan="2">&#160;</td>
                  </tr>
                  <tr>
                    <td valign="bottom" style="vertical-align: top; padding-left: 3%; width: 3%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; padding-left: 3%; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 36%; font-family: 'Times New Roman';">
                      <div>Invesco Stable Value Trust Fund</div>
                    </td>
                    <td valign="bottom" style="vertical-align: top; padding-left: 3%; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 20%; font-family: 'Times New Roman';">
                      <div style="text-align: center;">6,572,698 units</div>
                    </td>
                    <td valign="bottom" style="vertical-align: top; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 20%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">
                      <div>-</div>
                    </td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 2%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">
                      <div>$</div>
                    </td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 12%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">
                      <div>6,572,698</div>
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                  <tr>
                    <td valign="bottom" style="vertical-align: top; width: 3%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 36%; font-family: 'Times New Roman';">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 20%; font-family: 'Times New Roman';">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 20%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 2%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 12%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
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                  <tr>
                    <td valign="bottom" style="vertical-align: top; padding-left: 3%; width: 3%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; padding-left: 3%; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 36%; font-family: 'Times New Roman';">
                      <div>MFS Moderate Allocation Fund</div>
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                    <td valign="bottom" style="vertical-align: top; padding-left: 3%; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 20%; font-family: 'Times New Roman';">
                      <div style="text-align: center;">350,109 units</div>
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                    <td valign="bottom" style="vertical-align: top; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 20%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">
                      <div>-</div>
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                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 2%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 12%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">
                      <div>7,537,841</div>
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                  <tr>
                    <td valign="bottom" style="vertical-align: top; width: 3%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 36%; font-family: 'Times New Roman';">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 20%; font-family: 'Times New Roman';">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 20%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 2%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 12%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
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                  <tr>
                    <td valign="bottom" style="vertical-align: top; padding-left: 3%; width: 3%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; padding-left: 3%; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 36%; font-family: 'Times New Roman';">
                      <div>Franklin Dynatech Fund</div>
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                    <td valign="bottom" style="vertical-align: top; padding-left: 3%; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 20%; font-family: 'Times New Roman';">
                      <div style="text-align: center;">37,258 units</div>
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                    <td valign="bottom" style="vertical-align: top; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 20%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">
                      <div>-</div>
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                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 2%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 12%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">
                      <div>5,779,536</div>
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                  </tr>
                  <tr>
                    <td valign="bottom" style="vertical-align: top; width: 3%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 36%; font-family: 'Times New Roman';">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 20%; font-family: 'Times New Roman';">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 20%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 2%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 12%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
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                  <tr>
                    <td valign="bottom" style="vertical-align: top; padding-left: 3%; width: 3%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; padding-left: 3%; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 36%; font-family: 'Times New Roman';">
                      <div>MFS Value Fund</div>
                    </td>
                    <td valign="bottom" style="vertical-align: top; padding-left: 3%; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 20%; font-family: 'Times New Roman';">
                      <div style="text-align: center;">92,751 units</div>
                    </td>
                    <td valign="bottom" style="vertical-align: top; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 20%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">
                      <div>-</div>
                    </td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 2%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 12%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">
                      <div>5,041,018</div>
                    </td>
                  </tr>
                  <tr>
                    <td valign="bottom" style="vertical-align: top; width: 3%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 36%; font-family: 'Times New Roman';">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 20%; font-family: 'Times New Roman';">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 20%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 2%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 12%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
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                  <tr>
                    <td valign="bottom" style="vertical-align: top; padding-left: 3%; width: 3%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; padding-left: 3%; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 36%; font-family: 'Times New Roman';">
                      <div>MFS Total Return Fund</div>
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                    <td valign="bottom" style="vertical-align: top; padding-left: 3%; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 20%; font-family: 'Times New Roman';">
                      <div style="text-align: center;">214,888 units</div>
                    </td>
                    <td valign="bottom" style="vertical-align: top; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 20%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">
                      <div>-</div>
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                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 2%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 12%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">
                      <div>4,617,935</div>
                    </td>
                  </tr>
                  <tr>
                    <td valign="bottom" style="vertical-align: top; width: 3%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 36%; font-family: 'Times New Roman';">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 20%; font-family: 'Times New Roman';">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 20%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 2%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 12%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
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                  <tr>
                    <td valign="bottom" style="vertical-align: top; padding-left: 3%; width: 3%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; padding-left: 3%; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 36%; font-family: 'Times New Roman';">
                      <div>MFS Growth Allocation Fund</div>
                    </td>
                    <td valign="bottom" style="vertical-align: top; padding-left: 3%; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 20%; font-family: 'Times New Roman';">
                      <div style="text-align: center;">113,959 units</div>
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                    <td valign="bottom" style="vertical-align: top; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 20%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">
                      <div>-</div>
                    </td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 2%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 12%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">
                      <div>2,967,492</div>
                    </td>
                  </tr>
                  <tr>
                    <td valign="bottom" style="vertical-align: top; width: 3%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 36%; font-family: 'Times New Roman';">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 20%; font-family: 'Times New Roman';">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 20%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 2%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 12%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                  </tr>
                  <tr>
                    <td valign="bottom" style="vertical-align: top; padding-left: 3%; width: 3%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; padding-left: 3%; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 36%; font-family: 'Times New Roman';">
                      <div>MFS Core Equity Fund</div>
                    </td>
                    <td valign="bottom" style="vertical-align: top; padding-left: 3%; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 20%; font-family: 'Times New Roman';">
                      <div style="text-align: center;">41,952 units</div>
                    </td>
                    <td valign="bottom" style="vertical-align: top; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 20%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">
                      <div>-</div>
                    </td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 2%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 12%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">
                      <div>1,995,246</div>
                    </td>
                  </tr>
                  <tr>
                    <td valign="bottom" style="vertical-align: top; width: 3%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 36%; font-family: 'Times New Roman';">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 20%; font-family: 'Times New Roman';">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 20%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 2%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 12%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                  </tr>
                  <tr>
                    <td valign="bottom" style="vertical-align: top; padding-left: 3%; width: 3%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; padding-left: 3%; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 36%; font-family: 'Times New Roman';">
                      <div>American Century Mid Cap Value Fund</div>
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                    <td valign="bottom" style="vertical-align: top; padding-left: 3%; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 20%; font-family: 'Times New Roman';">
                      <div style="text-align: center;">87,901 units</div>
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                    <td valign="bottom" style="vertical-align: top; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 20%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">
                      <div>-</div>
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                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 2%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 12%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">
                      <div>1,576,063</div>
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                  <tr>
                    <td valign="bottom" style="vertical-align: top; width: 3%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 36%; font-family: 'Times New Roman';">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 20%; font-family: 'Times New Roman';">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 20%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 2%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 12%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
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                  <tr>
                    <td valign="bottom" style="vertical-align: top; padding-left: 3%; width: 3%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; padding-left: 3%; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 36%; font-family: 'Times New Roman';">
                      <div>MFS International Diversification Fund</div>
                    </td>
                    <td valign="bottom" style="vertical-align: top; padding-left: 3%; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 20%; font-family: 'Times New Roman';">
                      <div style="text-align: center;">63,550 units</div>
                    </td>
                    <td valign="bottom" style="vertical-align: top; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 20%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">
                      <div>-</div>
                    </td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 2%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 12%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">
                      <div>1,574,774</div>
                    </td>
                  </tr>
                  <tr>
                    <td valign="bottom" style="vertical-align: top; width: 3%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 36%; font-family: 'Times New Roman';">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 20%; font-family: 'Times New Roman';">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 20%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 2%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 12%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
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                    <td valign="bottom" style="vertical-align: top; padding-left: 3%; width: 3%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; padding-left: 3%; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 36%; font-family: 'Times New Roman';">
                      <div>JP Morgan Small Cap Growth Fund</div>
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                    <td valign="bottom" style="vertical-align: top; padding-left: 3%; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 20%; font-family: 'Times New Roman';">
                      <div style="text-align: center;">75,261 units</div>
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                    <td valign="bottom" style="vertical-align: top; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 20%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">
                      <div>-</div>
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                    <td valign="bottom" style="vertical-align: bottom; width: 1%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 12%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">
                      <div>1,554,148</div>
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                    <td valign="bottom" style="vertical-align: top; width: 3%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 36%; font-family: 'Times New Roman';">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 20%; font-family: 'Times New Roman';">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 20%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 2%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 12%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
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                  <tr>
                    <td valign="bottom" style="vertical-align: top; padding-left: 3%; width: 3%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; padding-left: 3%; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 36%; font-family: 'Times New Roman';">
                      <div>MassMutual Select T. Rowe Price Retirement 2030 Fund</div>
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                    <td valign="bottom" style="vertical-align: top; padding-left: 3%; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 20%; font-family: 'Times New Roman';">
                      <div style="text-align: center;">75,338 units</div>
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                    <td valign="bottom" style="vertical-align: top; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 20%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">
                      <div>-</div>
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                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 2%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 12%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">
                      <div>1,393,748</div>
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                  <tr>
                    <td valign="bottom" style="vertical-align: top; width: 3%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 36%; font-family: 'Times New Roman';">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 20%; font-family: 'Times New Roman';">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 20%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 2%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 12%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
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                  <tr>
                    <td valign="bottom" style="vertical-align: top; padding-left: 3%; width: 3%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; padding-left: 3%; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 36%; font-family: 'Times New Roman';">
                      <div>DWS RREEF Real Estate Securities Fund</div>
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                    <td valign="bottom" style="vertical-align: top; padding-left: 3%; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 20%; font-family: 'Times New Roman';">
                      <div style="text-align: center;">46,774 units</div>
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                    <td valign="bottom" style="vertical-align: top; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 20%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">
                      <div>-</div>
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                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 2%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 12%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">
                      <div>1,280,195</div>
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                  <tr>
                    <td valign="bottom" style="vertical-align: top; width: 3%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 36%; font-family: 'Times New Roman';">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 20%; font-family: 'Times New Roman';">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 20%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 2%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 12%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
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                  <tr>
                    <td valign="bottom" style="vertical-align: top; padding-left: 3%; width: 3%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; padding-left: 3%; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 36%; font-family: 'Times New Roman';">
                      <div>MFS Aggressive Growth Allocation Fund</div>
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                    <td valign="bottom" style="vertical-align: top; padding-left: 3%; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 20%; font-family: 'Times New Roman';">
                      <div style="text-align: center;">39,505 units</div>
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                    <td valign="bottom" style="vertical-align: top; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 20%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">
                      <div>-</div>
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                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 2%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 12%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">
                      <div>1,233,339</div>
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                  <tr>
                    <td valign="bottom" style="vertical-align: top; width: 3%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 36%; font-family: 'Times New Roman';">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 20%; font-family: 'Times New Roman';">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 20%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 2%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 12%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
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                  <tr>
                    <td valign="bottom" style="vertical-align: top; padding-left: 3%; width: 3%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; padding-left: 3%; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 36%; font-family: 'Times New Roman';">
                      <div>MFS Conservative Allocation Fund</div>
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                    <td valign="bottom" style="vertical-align: top; padding-left: 3%; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 20%; font-family: 'Times New Roman';">
                      <div style="text-align: center;">64,776 units</div>
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                    <td valign="bottom" style="vertical-align: top; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 20%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">
                      <div>-</div>
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                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 2%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 12%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">
                      <div>1,182,809</div>
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                  <tr>
                    <td valign="bottom" style="vertical-align: top; width: 3%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 36%; font-family: 'Times New Roman';">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 20%; font-family: 'Times New Roman';">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 20%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 2%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 12%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
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                  <tr>
                    <td valign="bottom" style="vertical-align: top; padding-left: 3%; width: 3%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; padding-left: 3%; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 36%; font-family: 'Times New Roman';">
                      <div>Pioneer Bond Fund</div>
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                    <td valign="bottom" style="vertical-align: top; padding-left: 3%; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 20%; font-family: 'Times New Roman';">
                      <div style="text-align: center;">97,513 units</div>
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                    <td valign="bottom" style="vertical-align: top; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 20%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">
                      <div>-</div>
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                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 2%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 12%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">
                      <div>946,855</div>
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                  <tr>
                    <td valign="bottom" style="vertical-align: top; width: 3%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 36%; font-family: 'Times New Roman';">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 20%; font-family: 'Times New Roman';">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 20%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 2%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 12%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
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                  <tr>
                    <td valign="bottom" style="vertical-align: top; padding-left: 3%; width: 3%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; padding-left: 3%; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 36%; font-family: 'Times New Roman';">
                      <div>MassMutual Select T. Rowe Price Retirement 2035 Fund</div>
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                    <td valign="bottom" style="vertical-align: top; padding-left: 3%; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 20%; font-family: 'Times New Roman';">
                      <div style="text-align: center;">42,920 units</div>
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                    <td valign="bottom" style="vertical-align: top; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 20%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">
                      <div>-</div>
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                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 2%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 12%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">
                      <div>828,359</div>
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                  <tr>
                    <td valign="bottom" style="vertical-align: top; width: 3%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 36%; font-family: 'Times New Roman';">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 20%; font-family: 'Times New Roman';">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 20%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 2%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 12%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
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                  <tr>
                    <td valign="bottom" style="vertical-align: top; padding-left: 3%; width: 3%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; padding-left: 3%; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 36%; font-family: 'Times New Roman';">
                      <div>MFS Corporate Bond Fund</div>
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                    <td valign="bottom" style="vertical-align: top; padding-left: 3%; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 20%; font-family: 'Times New Roman';">
                      <div style="text-align: center;">30,633 units</div>
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                    <td valign="bottom" style="vertical-align: top; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 20%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">
                      <div>-</div>
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                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 2%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 12%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">
                      <div>450,608</div>
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                  </tr>
                  <tr>
                    <td valign="bottom" style="vertical-align: top; width: 3%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 36%; font-family: 'Times New Roman';">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 20%; font-family: 'Times New Roman';">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 20%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 2%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 12%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
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                  <tr>
                    <td valign="bottom" style="vertical-align: top; padding-left: 3%; width: 3%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; padding-left: 3%; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 36%; font-family: 'Times New Roman';">
                      <div>Lord Abbett Bond Debenture Fund</div>
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                    <td valign="bottom" style="vertical-align: top; padding-left: 3%; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 20%; font-family: 'Times New Roman';">
                      <div style="text-align: center;">48,895 units</div>
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                    <td valign="bottom" style="vertical-align: top; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 20%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">
                      <div>-</div>
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                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 2%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 12%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">
                      <div>408,761</div>
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                  <tr>
                    <td valign="bottom" style="vertical-align: top; width: 3%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 36%; font-family: 'Times New Roman';">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 20%; font-family: 'Times New Roman';">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 20%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 2%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 12%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
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                  <tr>
                    <td valign="bottom" style="vertical-align: top; padding-left: 3%; width: 3%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; padding-left: 3%; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 36%; font-family: 'Times New Roman';">
                      <div>MassMutual Select T Rowe Price Retirement 2025 Fund</div>
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                    <td valign="bottom" style="vertical-align: top; padding-left: 3%; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 20%; font-family: 'Times New Roman';">
                      <div style="text-align: center;">21,370 units</div>
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                    <td valign="bottom" style="vertical-align: top; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 20%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">
                      <div>-</div>
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                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 2%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 12%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">
                      <div>376,746</div>
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                  </tr>
                  <tr>
                    <td valign="bottom" style="vertical-align: top; width: 3%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 36%; font-family: 'Times New Roman';">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 20%; font-family: 'Times New Roman';">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 20%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 2%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 12%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
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                  <tr>
                    <td valign="bottom" style="vertical-align: top; padding-left: 3%; width: 3%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; padding-left: 3%; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 36%; font-family: 'Times New Roman';">
                      <div>MassMutual Select T. Rowe Price Retirement 2040 Fund</div>
                    </td>
                    <td valign="bottom" style="vertical-align: top; padding-left: 3%; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 20%; font-family: 'Times New Roman';">
                      <div style="text-align: center;">14,068 units</div>
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                    <td valign="bottom" style="vertical-align: top; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 20%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">
                      <div>-</div>
                    </td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 2%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 12%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">
                      <div>280,244</div>
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                  </tr>
                  <tr>
                    <td valign="bottom" style="vertical-align: top; width: 3%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 36%; font-family: 'Times New Roman';">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 20%; font-family: 'Times New Roman';">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 20%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 2%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 12%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
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                  <tr>
                    <td valign="bottom" style="vertical-align: top; padding-left: 3%; width: 3%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; padding-left: 3%; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 36%; font-family: 'Times New Roman';">
                      <div>MassMutual Select T. Rowe Price Retirement 2045 Fund</div>
                    </td>
                    <td valign="bottom" style="vertical-align: top; padding-left: 3%; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 20%; font-family: 'Times New Roman';">
                      <div style="text-align: center;">7,382 units</div>
                    </td>
                    <td valign="bottom" style="vertical-align: top; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 20%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">
                      <div>-</div>
                    </td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 2%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 12%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">
                      <div>149,404</div>
                    </td>
                  </tr>
                  <tr>
                    <td valign="bottom" style="vertical-align: top; width: 3%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 36%; font-family: 'Times New Roman';">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 20%; font-family: 'Times New Roman';">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 20%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 2%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 12%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                  </tr>
                  <tr>
                    <td valign="bottom" style="vertical-align: top; padding-left: 3%; width: 3%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; padding-left: 3%; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 36%; font-family: 'Times New Roman';">
                      <div>MassMutual Select T. Rowe Price Retirement 2055 Fund</div>
                    </td>
                    <td valign="bottom" style="vertical-align: top; padding-left: 3%; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 20%; font-family: 'Times New Roman';">
                      <div style="text-align: center;">7,285 units</div>
                    </td>
                    <td valign="bottom" style="vertical-align: top; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 20%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">
                      <div>-</div>
                    </td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 2%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 12%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">
                      <div>148,176</div>
                    </td>
                  </tr>
                  <tr>
                    <td valign="bottom" style="vertical-align: top; width: 3%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 36%; font-family: 'Times New Roman';">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 20%; font-family: 'Times New Roman';">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 20%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 2%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 12%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                  </tr>
                  <tr>
                    <td valign="bottom" style="vertical-align: top; padding-left: 3%; width: 3%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; padding-left: 3%; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 36%; font-family: 'Times New Roman';">
                      <div>MassMutual Select T. Rowe Price Retirement 2050 Fund</div>
                    </td>
                    <td valign="bottom" style="vertical-align: top; padding-left: 3%; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 20%; font-family: 'Times New Roman';">
                      <div style="text-align: center;">7,165 units</div>
                    </td>
                    <td valign="bottom" style="vertical-align: top; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 20%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">
                      <div>-</div>
                    </td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 2%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 12%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">
                      <div>146,372</div>
                    </td>
                  </tr>
                  <tr>
                    <td valign="bottom" style="vertical-align: top; width: 3%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 36%; font-family: 'Times New Roman';">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 20%; font-family: 'Times New Roman';">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 20%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 2%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 12%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                  </tr>
                  <tr>
                    <td valign="bottom" style="vertical-align: top; padding-left: 3%; width: 3%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; padding-left: 3%; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 36%; font-family: 'Times New Roman';">
                      <div>MassMutual Select T. Rowe Price Retirement 2060 Fund</div>
                    </td>
                    <td valign="bottom" style="vertical-align: top; padding-left: 3%; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 20%; font-family: 'Times New Roman';">
                      <div style="text-align: center;">4,229 units</div>
                    </td>
                    <td valign="bottom" style="vertical-align: top; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 20%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">
                      <div>-</div>
                    </td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 2%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 12%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">
                      <div>85,590</div>
                    </td>
                  </tr>
                  <tr>
                    <td valign="bottom" style="vertical-align: top; width: 3%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 36%; font-family: 'Times New Roman';">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 20%; font-family: 'Times New Roman';">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 20%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 2%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 12%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                  </tr>
                  <tr>
                    <td valign="bottom" style="vertical-align: top; padding-left: 3%; width: 3%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; padding-left: 3%; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 36%; font-family: 'Times New Roman';">
                      <div>MassMutual Select T. Rowe Price Retirement 2020 Fund</div>
                    </td>
                    <td valign="bottom" style="vertical-align: top; padding-left: 3%; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 20%; font-family: 'Times New Roman';">
                      <div style="text-align: center;">251 units</div>
                    </td>
                    <td valign="bottom" style="vertical-align: top; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 20%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">
                      <div>-</div>
                    </td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 2%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 12%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">
                      <div>4,190</div>
                    </td>
                  </tr>
                  <tr>
                    <td valign="bottom" style="vertical-align: top; width: 3%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 36%; font-family: 'Times New Roman';">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 20%; font-family: 'Times New Roman';">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 20%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 2%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 12%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                  </tr>
                  <tr>
                    <td valign="bottom" style="vertical-align: top; padding-left: 3%; width: 3%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; padding-left: 3%; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 36%; font-family: 'Times New Roman';">
                      <div>MassMutual Select T. Rowe Price Retirement 2015 Fund</div>
                    </td>
                    <td valign="bottom" style="vertical-align: top; padding-left: 3%; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 20%; font-family: 'Times New Roman';">
                      <div style="text-align: center;">34 units</div>
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                      <div>-</div>
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                      <div>573</div>
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                    <td valign="bottom" style="vertical-align: top; width: 3%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
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                    <td valign="bottom" style="vertical-align: top; width: 36%; font-family: 'Times New Roman';">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 20%; font-family: 'Times New Roman';">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 20%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 2%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 12%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
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                    <td valign="bottom" style="vertical-align: top; padding-left: 3%; width: 3%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; padding-left: 3%; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 36%; font-family: 'Times New Roman';">
                      <div>Fidelity Institutional Money Market Fund Government Portfolio</div>
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                    <td valign="bottom" style="vertical-align: top; padding-left: 3%; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 20%; font-family: 'Times New Roman';">
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                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 20%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">
                      <div>-</div>
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                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 2%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 12%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">
                      <div>46,901</div>
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                    <td valign="bottom" style="vertical-align: top; width: 3%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 36%; font-family: 'Times New Roman';">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 20%; font-family: 'Times New Roman';">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 20%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 2%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 12%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
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                  <tr>
                    <td valign="bottom" style="vertical-align: top; width: 3%; padding-bottom: 2px; text-align: center; font-family: 'Times New Roman';" colspan="1">*<br>
                    </td>
                    <td valign="bottom" style="vertical-align: top; width: 2%; padding-bottom: 2px; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 36%; font-family: 'Times New Roman';">
                      <div>Culp, Inc. Common Stock <br>
                      </div>
                    </td>
                    <td valign="bottom" style="vertical-align: top; width: 2%; padding-bottom: 2px; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 20%; padding-bottom: 2px; font-family: 'Times New Roman';">
                      <div style="text-align: center;">107,468 shares</div>
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                    <td valign="bottom" style="vertical-align: top; width: 2%; padding-bottom: 2px; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 20%; padding-bottom: 2px; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">
                      <div>-</div>
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                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 2%; padding-bottom: 2px; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0); font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 12%; border-bottom: 2px solid rgb(0, 0, 0); font-family: 'Times New Roman';" colspan="1" class="cftnumcell">
                      <div>1,022,020</div>
                    </td>
                  </tr>
                  <tr>
                    <td valign="bottom" style="vertical-align: top; width: 3%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 36%; font-family: 'Times New Roman';">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 20%; font-family: 'Times New Roman';">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 20%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 2%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 12%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
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                  <tr>
                    <td valign="bottom" style="vertical-align: top; width: 3%; padding-bottom: 4px; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 2%; padding-bottom: 4px; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 36%; font-family: 'Times New Roman';">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 2%; padding-bottom: 4px; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 20%; padding-bottom: 4px; font-family: 'Times New Roman';">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 2%; padding-bottom: 4px; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 20%; padding-bottom: 4px; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 2%; padding-bottom: 4px; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1%; border-bottom: 4px double rgb(0, 0, 0); font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">
                      <div>$</div>
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                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 12%; border-bottom: 4px double rgb(0, 0, 0); font-family: 'Times New Roman';" colspan="1" class="cftnumcell">
                      <div>49,201,641</div>
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                  <tr>
                    <td valign="bottom" style="vertical-align: top; width: 3%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 36%; font-family: 'Times New Roman';">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 20%; font-family: 'Times New Roman';">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 20%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 2%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 12%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                  </tr>
                  <tr>
                    <td valign="bottom" style="vertical-align: top; width: 3%; text-align: center; font-family: 'Times New Roman';" colspan="1">*<br>
                    </td>
                    <td valign="bottom" style="vertical-align: top; width: 2%; font-family: 'Times New Roman';" colspan="2" rowspan="1">Indicates party-in-interest.<br>
                    </td>
                    <td valign="bottom" style="vertical-align: top; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 20%; font-family: 'Times New Roman';">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 20%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 2%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1%; font-family: 'Times New Roman';" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 12%; font-family: 'Times New Roman';" colspan="1" class="cftnumcell">&#160;</td>
                  </tr>
                  <tr>
                    <td valign="bottom" style="vertical-align: top; width: 3%; font-family: 'Times New Roman';" colspan="1">&#160;&#160; **<br>
                    </td>
                    <td valign="bottom" style="vertical-align: top; width: 2%; font-family: 'Times New Roman';" colspan="2" rowspan="1">Cost information omitted for participant-directed investments.<br>
                    </td>
                    <td valign="bottom" style="vertical-align: top; width: 2%; font-family: 'Times New Roman';" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 20%;">&#160;</td>
                    <td valign="bottom" style="vertical-align: top; width: 2%;" colspan="1">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 20%;" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 2%;" colspan="1" class="cftnumcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1" class="cftcurrcell">&#160;</td>
                    <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 12%;" colspan="1" class="cftnumcell">&#160;</td>
                  </tr>

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            <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
              <div style="text-align: right;" id="DSPFPageNumberArea"><font style="font-family: 'Times New Roman',Times,serif; font-size: 10pt; color: rgb(0, 0, 0); font-weight: normal; font-style: normal;" id="DSPFPageNumber">Page 12</font></div>
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              <div style="text-align: center; font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">EXHIBIT INDEX</div>
              <div style="font-family: 'Times New Roman'; font-size: 10pt;"><br>
              </div>
              <div style="font-family: 'Times New Roman'; font-size: 10pt;">
                <table cellspacing="0" cellpadding="0" border="0" id="ze2e7b98e70134074b6dbb7cb2ef8c8a7" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; color: #000000; width: 100%;">

                    <tr>
                      <td style="width: 49%;"><u>Exhibit Number</u></td>
                      <td style="width: 51%;">
                        <div style="margin-left: 9pt">
                          <div style="margin-left: 9pt">
                            <div style="margin-left: 9pt">
                              <div style="margin-left: 9pt">
                                <div style="margin-left: 9pt"><u>Exhibit</u></div>
                              </div>
                            </div>
                          </div>
                        </div>
                      </td>
                    </tr>
                    <tr>
                      <td style="width: 49%;"><br>
                      </td>
                      <td style="width: 51%;"><br>
                      </td>
                    </tr>
                    <tr>
                      <td style="width: 49%; text-align: left; vertical-align: top;"><a href="a52756869ex23_a.htm">23A</a></td>
                      <td rowspan="1" style="width: 51%;"><a href="a52756869ex23_a.htm">Consent of Independent Registered Public&#160;&#160;Accounting Firm in connection with
                          the&#160;&#160;registration statement of Culp, Inc. on Form&#160;&#160;S-8 (File No. 33-13310).</a></td>
                    </tr>

                </table>
              </div>
              <br>
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<DOCUMENT>
<TYPE>EX-23.A
<SEQUENCE>2
<FILENAME>a52756869ex23_a.htm
<DESCRIPTION>EXHIBIT 23A
<TEXT>
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  <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-family: 'Times New Roman'; font-weight: bold;">CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM</div>
    <div style="font-family: 'Times New Roman';"><br>
    </div>
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    </div>
    <div style="font-family: 'Times New Roman';">The Retirement Committee of the</div>
    <div style="font-family: 'Times New Roman';">Culp, Inc. Employees&#8217; Retirement Builder Plan</div>
    <div style="font-family: 'Times New Roman';">High Point, North Carolina</div>
    <div style="font-family: 'Times New Roman';"><br>
    </div>
    <div style="font-family: 'Times New Roman';"><br>
    </div>
    <div style="text-align: justify; font-family: 'Times New Roman';">We consent to the incorporation by reference in the Registration Statement No. 33-13310 on Form S-8 of our report dated June 23, 2022, 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, 2021, 2020, and 2019.</div>
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    </div>
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    <div style="font-family: 'Times New Roman';">/s/ Smith Leonard PLLC</div>
    <div style="font-family: 'Times New Roman';"><br>
    </div>
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    </div>
    <div style="font-family: 'Times New Roman';">High Point, North Carolina</div>
    <div style="font-family: 'Times New Roman';">June 23, 2022</div>
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