XML 45 R31.htm IDEA: XBRL DOCUMENT v3.25.2
Retirement Benefit Plans (Tables)
6 Months Ended
Jun. 28, 2025
Retirement Benefit Plans  
Schedule of Significant Disclosures Relating to Benefit Plans

 

 

Pension Benefits

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 28, 2025

 

 

June 29, 2024

 

 

June 28, 2025

 

 

June 29, 2024

 

Service cost

 

$184,287

 

 

$178,004

 

 

$361,749

 

 

$356,007

 

Interest cost

 

 

987,679

 

 

 

966,704

 

 

 

1,938,776

 

 

 

1,933,406

 

Expected return on plan assets

 

 

(1,100,704)

 

 

(1,099,034)

 

 

(2,160,640)

 

 

(2,198,069)

Amortization of prior service cost

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Amortization of the net loss

 

 

301,791

 

 

 

327,363

 

 

 

592,406

 

 

 

654,728

 

Net periodic benefit cost (benefit)

 

$373,053

 

 

$373,037

 

 

$732,291

 

 

$746,072

 

 

 

Other Postretirement Benefits

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 28, 2025

 

 

June 29, 2024

 

 

June 28, 2025

 

 

June 29, 2024

 

Service cost

 

$2,206

 

 

$3,574

 

 

$4,331

 

 

$7,148

 

Interest cost

 

 

12,132

 

 

 

12,951

 

 

 

23,815

 

 

 

25,902

 

Expected return on plan assets

 

 

(4,963)

 

 

(4,684)

 

 

(9,743)

 

 

(9,368)

Amortization of prior service cost

 

 

(864)

 

 

1,060

 

 

 

(1,696)

 

 

2,120

 

Amortization of the net loss

 

 

(23,982)

 

 

(19,567)

 

 

(47,075)

 

 

(39,134)

Net periodic benefit gain

 

$(15,471)

 

$(6,666)

 

$(30,368)

 

$(13,332)
Schedule of Company made contributions towards benefit plans

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 28, 2025

 

 

June 29, 2024

 

 

June 28, 2025

 

 

June 29, 2024

 

Regular matching contribution

 

$239,797

 

 

$261,993

 

 

$546,436

 

 

$547,556

 

Transitional credit contribution

 

 

18,622

 

 

 

21,964

 

 

 

42,487

 

 

 

50,870

 

Non-discretionary contribution

 

 

87,415

 

 

 

102,873

 

 

 

195,907

 

 

 

213,763

 

Total contributions for the period

 

$345,834

 

 

$386,830

 

 

$784,830

 

 

$812,189