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Retirement Benefit Plans (Tables) | 9 Months Ended
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Sep. 28, 2019
Retirement Benefit Plans [Abstract] |
Significant Disclosures Relating to Benefit Plans | Significant disclosures relating to these benefit plans for the three and nine months periods ended September 28, 2019 and September 29, 2018 are as follows:
| Pension Benefits |
| Three Months Ended |  | Nine Months Ended |
| September 28, 2019 |  | September 29, 2018 |  | September 28, 2019 |  | September 29, 2018 |
Service cost |  | $ | 263,852 |  |  | $ | 329,959 |  |  | $ | 791,558 |  |  | $ | 989,881 |
Interest cost |  |  | 879,080 |  |  |  | 776,790 |  |  |  | 2,637,240 |  |  |  | 2,330,373 |
Expected return on plan assets |  |  | (1,190,329 | ) |  |  | (1,304,879 | ) |  |  | (3,570,990 | ) |  |  | (3,914,637 | )
Amortization of prior service cost |  |  | 24,845 |  |  |  | 32,691 |  |  |  | 74,535 |  |  |  | 98,072 |
Amortization of the net loss |  |  | 290,548 |  |  |  | 277,528 |  |  |  | 871,647 |  |  |  | 832,584 |
Net periodic benefit cost |  | $ | 267,996 |  |  | $ | 112,089 |  |  | $ | 803,990 |  |  | $ | 336,273 |
| Postretirement Benefits |
| Three Months Ended |  | Nine Months Ended |
| September 28, 2019 |  | September 29, 2018 |  | September 28, 2019 |  | September 29, 2018 |
Service cost |  | $ | 8,533 |  |  | $ | 9,256 |  |  | $ | 24,965 |  |  | $ | 27,768 |
Interest cost |  |  | 1,874 |  |  |  | 19,290 |  |  |  | 42,566 |  |  |  | 57,871 |
Expected return on plan assets |  |  | 7,938 |  |  |  | (13,913 | ) |  |  | (21,025 | ) |  |  | (41,738 | )
Gain on Significant Event |  |  | (227,071 | ) |  |  | -- |  |  |  | (227,071 | ) |  |  | -- |
Amortization of prior service cost |  |  | (1,268 | ) |  |  | (1,268 | ) |  |  | (3,804 | ) |  |  | (3,804 | )
Amortization of the net loss |  |  | 5,560 |  |  |  | (16,397 | ) |  |  | (35,454 | ) |  |  | (49,193 | )
Net periodic benefit cost |  | $ | (204,434 | ) |  | $ | (3,032 | ) |  | $ | (219,823 | ) |  | $ | (9,096 | )
Defined Contribution Plan | The Company made contributions to the plan as follows:
|  | Three Months Ended |  |  | Nine Months Ended |
|  | September 28, 2019 |  |  | September 29, 2018 |  |  | September 28, 2019 |  |  | September 29, 2018 |
Regular matching contribution |  | $ | 125,266 |  |  | $ | 129,968 |  |  | $ | 418,329 |  |  | $ | 436,088 |
Transitional credit contribution |  |  | 62,464 |  |  |  | 68,128 |  |  |  | 240,840 |  |  |  | 273,742 |
Non-discretionary contribution |  |  | 17,390 |  |  |  | 17,715 |  |  |  | 622,519 |  |  |  | 558,547 |
Total contributions for the period |  | $ | 205,120 |  |  | $ | 215,811 |  |  | $ | 1,281,688 |  |  | $ | 1,268,377 |

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- Definition Tabular disclosure of defined contribution pension plans or defined contribution other postretirement plans, separately for pension plans and other postretirement benefit plans. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 70 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=49170846&loc=d3e28014-114942 + Details
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- Definition Tabular disclosure of the components of net benefit costs for pension plans and/or other employee benefit plans including service cost, interest cost, expected return on plan assets, gain (loss), prior service cost or credit, transition asset or obligation, and gain (loss) recognized due to settlements or curtailments. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (h) -URI http://asc.fasb.org/extlink&oid=118255775&loc=d3e1928-114920 + Details
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