April Anniversaries

4/2	1 YR	Taylor, Richard B	East Valley
4/7	5 YRS	Smith, Michael Thomas	Corporate Services
4/8	6 YRS	Short, Susan Marie	Delaware State News
4/11	3 YRS	Boyd, Lynn	Valley Printing
4/12	15 YRS	Ryder, Allan H	Delaware State News
4/12	17 YRS	Dale, Lisa Lynn	Corporate Services
4/13	4 YRS	Conner, Courtney W	Delaware Printing
4/14	5 YRS	Koyanagi, Cathy Jayne	Salisbury Independent
4/15	41 YRS	Kircher, Lori A	Corporate Services
4/18	31 YRS	Clendaniel, Sheila L	Corporate Services
4/19	26 YRS	Cregar, Heather F	Delaware State News
4/20	25 YRS	Horleman, Craig Andrew	Delaware State News
4/22	1 YR	Urdiano, Juan	Valley Printing
4/29	1 YR	Thomas, Stephanie Leigh	Valley Printing
4/30	1 YR	Castro, Anthony James	Valley Printing

401(k) Annual Report

SUMMARY ANNUAL REPORT FOR 

INDEPENDENT NEWSMEDIA INC. USA 401(K) PROFIT SHARING PLAN

This is a summary of the annual report for the Independent Newsmedia Inc. USA 401(k) Profit Sharing Plan (Employer Identification Number 51-0072172, Plan Number 001) for the plan year 07/01/2017 through 06/30/2018. The annual report has been filed with the Employee Benefits Security Administration, as required under the Employee Retirement Income Security Act of 1974 (ERISA).

Basic Financial Statement

Benefits under the plan are provided by insurance contracts. Plan expenses were $157,735. These expenses included $6,836 in administrative expenses and $150,899 in benefits paid to participants and beneficiaries, and $0 in other expenses. A total of 218 persons were participants in or beneficiaries of the plan at the end of the plan year, although not all of these persons had yet earned the right to receive benefits.

The value of plan assets, after subtracting liabilities of the plan, was $5,712,040 as of the end of the plan year, compared to $4,938,523 as of the beginning of the plan year. During the plan year the plan experienced a change in its net assets of $773,517. This change includes unrealized appreciation or depreciation in the value of plan assets; that is, the difference between the value of the plan's assets at the end of the year and the value of the assets at the beginning of the year or the cost of assets acquired during the year. The plan had total income of $931,252, including employer contributions of $35,186, employee contributions of $244,275, and earnings from investments of $651,791.

Your Rights to Additional Information

You have the right to receive a copy of the full annual report, or any part thereof, on request. The items listed below are included in that report:

1.                    An accountant's report.

2.                    Financial information and information on payments to service providers.

3.                    Assets held for investment.

4.                    Insurance information, including sales commissions paid by insurance carriers.

5.                    Information regarding any common or collective trusts, pooled separate accounts, master trusts or 103-12 investment entities in which the plan participates.

To obtain a copy of the full annual report, or any part thereof, write or call the office of Wanda Ford-Waring, who is a representative of the plan administrator, at 110 Galaxy Drive, Dover, DE 19901 and phone number, 800-426-4192, Ext. 8206.

You also have the right to receive from the plan administrator, on request and at no charge, a statement of the assets and liabilities of the plan and accompanying notes, or a statement of income and expenses of the plan and accompanying notes, or both. If you request a copy of the full annual report from the plan administrator, these two statements and accompanying notes will be included as part of that report.

You also have the legally protected right to examine the annual report at the main office of the plan: 110 Galaxy Drive, Dover, DE 19901, and at the U.S. Department of Labor in Washington, D.C., or to obtain a copy from the U.S. Department of Labor upon payment of copying costs. Requests to the Department should be addressed to: Public Disclosure Room, Room N- 1513, Employee Benefits Security Administration, U.S. Department of Labor, 200 Constitution Avenue, N.W., Washington, D.C. 20210.

A Very Satisfied Reader

Good Afternoon,

I want to applaud you for having the most truthful, balanced and informative news outlet we have. I look forward to your paper every week. It gives a balanced view of local issues and is a great discussion starter. Delmarva is lucky to have the Salisbury Independent. Believe me, I can not watch the news anymore w/o a spike in blood pressure.

Thank you and please keep doing what you do,

John W. Baker 

March Anniversaries

3/4	5 YRS	Bassett, Ronald Gregory	Salisbury Independent
3/5	2 YRS	Quiggle, Jeannie Belle	Valley Printing
3/5	1 YR	Ford, Farrell Diane	East Valley
3/5	1 YR	Limoges, Jaime Lynn	Okeechobee News
3/6	50 YRS	Harvey, Sharon M	Delaware State News
3/6	29 YRS	Levy, Janet E	Delaware State News
3/7	20 YRS	Garelick, Yolibet V	Valley Printing
3/7	1 YR	Honeycutt, Annette	North Valley
3/10	11 YRS	Timmons, Diane	Okeechobee News
3/10	6 YRS	Orozco, Diana Luisa	Valley Printing
3/14	3 YRS	Sanchez Aguilar, Robertina	Valley Printing
3/18	33 YRS	Walter, Andrew J	Delaware State News
3/19	2 YRS	Wood, Keaton Hayes	Valley Printing
3/21	1 YR	Abel, Patrick W	Delaware State News
3/23	12 YRS	Keesser, Christopher	Delaware Printing
3/23	2 YRS	Clarke, Lori Sue	Okeechobee News
3/26	12 YRS	Carr, Jeremy	West Valley

Conrad’s poem published

Jim Conrad, a member of the Delaware State News distribution team, recently found out his work was selected for a new collection of poetry.

His poem, “Hurry Up and Wait,” is published in the Eber & Wein book, “Upon Arrival: Interlude.”

Mr. Conrad’s poem opens with the following lines:

It seems that life is filled up

               With hurry up and wait

Though everyone’s in a hurry

               Time loss is all our fate

And concludes with something many of us would agree to be true:

It’s said that patience is a virtue

               I guess it’s sad, but true

But if you can keep a secret

               I’m tired of waiting, how about you?

GO, SLOW, WHOA

Try the GO, SLOW, WHOA approach to make simple, smart food choices.  Read the March Health Alert by clicking the link in the Highlights box on the HOME page of ADP.