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Retirement Benefit Plans (Tables)
9 Months Ended
Oct. 01, 2022
Retirement Benefit Plans  
Schedule Of Significant Disclosures Relating To Benefit Plans

 

 

Pension Benefits

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

October 1, 2022

 

 

October 2, 2021

 

 

October 1, 2022

 

 

October 2, 2021

 

Service cost

 

$269,744

 

 

$271,832

 

 

$809,231

 

 

$815,500

 

Interest cost

 

 

608,188

 

 

 

504,252

 

 

 

1,824,568

 

 

 

1,512,761

 

Expected return on plan assets

 

 

(1,460,658)

 

 

(1,448,671)

 

 

(4,381,980)

 

 

(4,346,020)

Amortization of prior service cost

 

 

16,563

 

 

 

24,845

 

 

 

49,689

 

 

 

74,535

 

Amortization of the net loss

 

 

390,075

 

 

 

432,539

 

 

 

1,170,225

 

 

 

1,297,614

 

Net periodic benefit

 

$(176,088)

 

$(215,203)

 

$(528,267)

 

$(645,610)

 

 

Other Postretirement Benefits

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

October 1, 2022

 

 

October 2, 2021

 

 

October 1, 2022

 

 

October 2, 2021

 

Service cost

 

 

13,323

 

 

 

13,626

 

 

 

39,969

 

 

 

40,878

 

Interest cost

 

 

10,988

 

 

 

9,842

 

 

 

32,964

 

 

 

29,526

 

Expected return on plan assets

 

 

(4,400)

 

 

(6,420)

 

 

(13,200)

 

 

(19,260)

Amortization of prior service cost

 

 

1,060

 

 

 

 

 

 

3,180

 

 

 

 

Amortization of the net loss

 

 

(2,054)

 

 

(3,094)

 

 

(6,162)

 

 

(9,282)

Net periodic benefit cost

 

$18,917

 

 

$13,954

 

 

$56,751

 

 

$41,862

 

Schedule Of Defined Contribution Plan

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

October 1, 2022

 

 

October 2, 2021

 

 

October 1, 2022

 

 

October 2, 2021

 

Regular matching contribution

 

$149,673

 

 

$135,664

 

 

$522,327

 

 

$433,061

 

Transitional credit contribution

 

 

28,144

 

 

 

32,468

 

 

 

107,886

 

 

 

108,337

 

Non-discretionary contribution

 

 

16,715

 

 

 

15,001

 

 

 

376,861

 

 

 

377,486

 

Total contributions for the period

 

$194,532

 

 

$183,133

 

 

$1,007,074

 

 

$918,884