Retirement Benefit Plans (Tables)

3 Months Ended

Apr. 01, 2023

Retirement Benefit Plans

Schedule of Significant Disclosures Relating to Benefit Plans

	Pension Benefits
	Three Months Ended
	April 1, 2023			April 2, 2022
Service cost	$	216,153		$	269,744
Interest cost		990,054			608,189
Expected return on plan assets		(1,049,016	)		(1,460,661	)
Amortization of prior service cost		—			16,563
Amortization of the net loss		342,865			390,075
Net periodic cost (benefit)	$	500,056		$	(176,090	)

	Other Postretirement Benefits
	Three Months Ended
	April 1, 2023			April 2, 2022
Service cost		6,486			13,323
Interest cost		14,533			10,988
Expected return on plan assets		(4,849	)		(4,400	)
Gain on significant event		—			—
Amortization of prior service cost		1,060			1,060
Amortization of the net loss		(16,895	)		(2,054	)
Net periodic benefit	$	335		$	18,917

Schedule of Company made contributions

	Three Months Ended
	April 1, 2023		April 2, 2022
Regular matching contribution	$	252,761	$	210,939
Transitional credit contribution		34,320		51,564
Non-discretionary contribution		431,950		343,377
Total contributions for the period	$	719,031	$	605,880