Employee Benefit Plans - Summary of the Change in Plan Assets (Detail) - USD ($) |
12 Months Ended | |
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Dec. 31, 2023 |
Dec. 31, 2022 |
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Employee Benefit and Share-Based Payment Arrangement, Noncash Expense [Abstract] | ||
Fair value of plan assets at beginning of year | $ 7,369,637 | $ 9,587,893 |
Actual return (loss) on assets | 1,196,133 | (1,570,382) |
Employer contributions | 172,752 | 0 |
Administrative expenses | (57,615) | (60,041) |
Benefits paid, net | (580,483) | (587,833) |
Fair value of plan assets at end of year | $ 8,100,424 | $ 7,369,637 |
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- Definition Amount of increase (decrease) in plan assets of defined benefit plan from actual return (loss) determined by change in fair value of plan assets adjusted for contributions, benefit payments, and other expenses. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of administration expense of defined benefit plan which decreases plan assets. Excludes plan administration expense paid by employer. No definition available.
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- Definition Amount of contribution received by defined benefit plan from employer which increases plan assets. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of asset segregated and restricted to provide benefit under defined benefit plan. Asset includes, but is not limited to, stock, bond, other investment, earning from investment, and contribution by employer and employee. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of payment to participant under defined benefit plan which decreases plan assets. For pension plan, payment includes, but is not limited to, pension benefits and death benefits. For other postretirement plan, payment includes, but is not limited to, prescription drug benefits, health care benefits, life insurance benefits, and legal, educational and advisory services. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- References No definition available.
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