RETIREMENT BENEFIT PLANS (Details) (USD $) | 12 Months Ended |
Dec. 28, 2013 | Dec. 29, 2012 | Dec. 31, 2011 |
Plan | Plan |
Defined Benefit Plan Disclosure [Line Items] | ' | | ' | ' |
Contributions made by Company | ' | | ' | $5,000,000 |
Change in fair value of plan assets [Roll Forward] | ' | | ' | ' |
Employer contributions | ' | | ' | 5,000,000 |
Funded status [Abstract] | ' | | ' | ' |
Net amount recognized in the balance sheet | -10,930,815 | | -20,181,361 | ' |
Assumptions used to determine the projected benefit obligations [Abstract] | ' | | ' | ' |
Discount rate (in hundredths) | 4.80% | | 3.90% | ' |
Expected return on plan assets (in hundredths) | 8.00% | | 8.00% | ' |
Rate of compensation increase (in hundredths) | 3.25% | | 3.25% | ' |
Accumulated benefit obligation for all qualified and nonqualified defined benefit pension plans | 71,403,778 | | 66,735,124 | ' |
Pension plans with projected benefit obligation and accumulated benefit obligation in excess of plan assets [Abstract] | ' | | ' | ' |
Number of plans | 5 | [1] | 6 | ' |
Projected benefit obligation | 68,781,752 | | 74,825,969 | ' |
Accumulated benefit obligation | 68,974,332 | | 66,735,124 | ' |
Fair value of plan assets | 57,850,937 | | 54,644,608 | ' |
Net amount recognized in accrued benefit liability | -10,930,815 | | -20,181,361 | ' |
Estimated future benefit payments to participants [Abstract] | ' | | ' | ' |
Period of horizon for various asset classes used in calculating expected long term rates of return | '10 years | | ' | ' |
Number of shares of employer common stock included plan assets (in shares) | 193,624 | | ' | ' |
Value of employer common stock included plan assets | 3,082,494 | | 3,063,132 | ' |
Dividends received from employer common stock | 81,322 | | 96,812 | ' |
Health care cost trend rate for participants after January 1, 1991 (in hundredths) | 0.00% | | ' | ' |
Ultimate health care cost trend rate (in hundredths) | 4.50% | | ' | ' |
Effect of one-percentage-point change in assumed health care cost trend rates on postretirement benefit plan [Abstract] | ' | | ' | ' |
Percentage of voluntary contributions allowed to participants, maximum (in hundredths) | 100.00% | | ' | ' |
Employer contributions made | 194,068 | | 187,531 | 179,400 |
Equity Securities [Member] | ' | | ' | ' |
Estimated future benefit payments to participants [Abstract] | ' | | ' | ' |
Long-term target allocations for plan assets (in hundredths) | 50.00% | | ' | ' |
Long Duration Fixed Income [Member] | ' | | ' | ' |
Estimated future benefit payments to participants [Abstract] | ' | | ' | ' |
Long-term target plan asset allocations relating to fixed income (in hundredths) | 20.00% | | ' | ' |
Fixed income [Member] | ' | | ' | ' |
Estimated future benefit payments to participants [Abstract] | ' | | ' | ' |
Long-term target allocations for plan assets (in hundredths) | 50.00% | | ' | ' |
Pension Benefits [Member] | ' | | ' | ' |
Defined Benefit Plan Disclosure [Line Items] | ' | | ' | ' |
Contributions made by Company | 3,254,635 | | 3,778,692 | ' |
Components of the net periodic benefit cost [Abstract] | ' | | ' | ' |
Service cost | 3,028,863 | | 2,642,373 | 2,141,306 |
Interest cost | 2,840,622 | | 2,868,528 | 2,949,672 |
Expected return on plan assets | -4,827,393 | | -3,930,988 | -3,650,282 |
Amortization of prior service cost | 256,459 | | 221,049 | 194,148 |
Amortization of the net loss | 1,844,139 | | 1,111,900 | 897,052 |
Net periodic benefit cost | 3,142,690 | | 2,912,862 | 2,531,896 |
Assumptions used to determine net periodic benefit cost [Abstract] | ' | | ' | ' |
Discount rate (in hundredths) | 3.90% | | 4.55% | 5.35% |
Expected return on plan assets (in hundredths) | 8.00% | | 8.00% | 8.50% |
Rate of compensation increase (in hundredths) | 3.25% | | 3.25% | 4.25% |
Change in benefit obligation [Roll Forward] | ' | | ' | ' |
Benefit obligation at beginning of year | 74,825,969 | | 64,709,379 | ' |
Change due to availability of final actual assets and census data | 0 | | 0 | ' |
Plan amendment | 132,378 | | 831,201 | ' |
Service cost | 3,028,863 | | 2,642,373 | 2,141,306 |
Interest cost | 2,840,622 | | 2,868,528 | 2,949,672 |
Actuarial (gain)/loss | -7,187,997 | | 6,117,680 | ' |
Benefits paid | -2,428,637 | | -2,343,192 | ' |
Benefit obligation at end of year | 71,211,198 | | 74,825,969 | 64,709,379 |
Change in fair value of plan assets [Roll Forward] | ' | | ' | ' |
Fair value of plan assets at beginning of year | 54,644,608 | | 48,897,760 | ' |
Change due to availability of final actual assets and census data | 0 | | 0 | ' |
Actual return on plan assets | 4,880,381 | | 4,311,348 | ' |
Employer contributions | 3,254,635 | | 3,778,692 | ' |
Benefits paid | -2,428,637 | | -2,343,192 | ' |
Fair value of plan assets at end of year | 60,350,987 | | 54,644,608 | 48,897,760 |
Funded status [Abstract] | ' | | ' | ' |
Net amount recognized in the balance sheet | -10,860,211 | | -20,181,361 | ' |
Amounts recognized in accumulated other comprehensive income [Abstract] | ' | | ' | ' |
Net loss | -19,261,651 | | -28,346,776 | ' |
Prior service (cost) credit | -813,855 | | -937,936 | ' |
Total | -20,075,506 | | -29,284,712 | -24,049,140 |
Defined Benefit Plan, Change in components of accumulated other comprehensive income [Abstract] | ' | | ' | ' |
Balance at beginning of period | -29,284,712 | | -24,049,140 | ' |
Change due to availability of final actual assets and census data | 0 | | 0 | ' |
Charged to net periodic benefit cost [Abstract] | ' | | ' | ' |
Prior service cost | 256,459 | | 221,049 | 194,148 |
Net loss (gain) | 1,844,139 | | 1,111,900 | 897,052 |
Other changes [Abstract] | ' | | ' | ' |
Liability (gains)/losses | 7,108,608 | | -6,568,521 | ' |
Balance at end of period | -20,075,506 | | -29,284,712 | -24,049,140 |
Amounts that will be amortized from accumulated other comprehensive income in next fiscal year [Abstract] | ' | | ' | ' |
Net (loss) gain | 944,130 | | ' | ' |
Prior service cost (credit) | 218,585 | | ' | ' |
Pension plans with projected benefit obligation and accumulated benefit obligation in excess of plan assets [Abstract] | ' | | ' | ' |
Net amount recognized in accrued benefit liability | -10,860,211 | | -20,181,361 | ' |
Estimated future benefit payments to participants [Abstract] | ' | | ' | ' |
2014 | 2,800,000 | | ' | ' |
2015 | 2,900,000 | | ' | ' |
2016 | 3,000,000 | | ' | ' |
2017 | 3,100,000 | | ' | ' |
2018 | 3,200,000 | | ' | ' |
2019 through 2023 | 19,100,000 | | ' | ' |
Contributions expected to be made by Company in next fiscal year | 2,500,000 | | ' | ' |
Fair value of plan assets | 60,350,987 | | 54,644,608 | 48,897,760 |
Number of plans excluded | 1 | | ' | ' |
Over-funded amount | 70,000 | | ' | ' |
Pension Benefits [Member] | Level 1 [Member] | ' | | ' | ' |
Change in fair value of plan assets [Roll Forward] | ' | | ' | ' |
Fair value of plan assets at end of year | 3,082,494 | | 3,063,132 | ' |
Estimated future benefit payments to participants [Abstract] | ' | | ' | ' |
Fair value of plan assets | 3,082,494 | | 3,063,132 | ' |
Pension Benefits [Member] | Level 2 [Member] | ' | | ' | ' |
Change in fair value of plan assets [Roll Forward] | ' | | ' | ' |
Fair value of plan assets at end of year | 56,971,472 | | 51,581,476 | ' |
Estimated future benefit payments to participants [Abstract] | ' | | ' | ' |
Fair value of plan assets | 56,971,472 | | 51,581,476 | ' |
Pension Benefits [Member] | Level 3 [Member] | ' | | ' | ' |
Change in fair value of plan assets [Roll Forward] | ' | | ' | ' |
Fair value of plan assets at end of year | 0 | | 0 | ' |
Estimated future benefit payments to participants [Abstract] | ' | | ' | ' |
Fair value of plan assets | 0 | | 0 | ' |
Pension Benefits [Member] | Common/Collective Trust Funds [Member] | ' | | ' | ' |
Change in fair value of plan assets [Roll Forward] | ' | | ' | ' |
Fair value of plan assets at end of year | 204,874 | | 193,497 | ' |
Estimated future benefit payments to participants [Abstract] | ' | | ' | ' |
Fair value of plan assets | 204,874 | | 193,497 | ' |
Pension Benefits [Member] | Common/Collective Trust Funds [Member] | Level 1 [Member] | ' | | ' | ' |
Change in fair value of plan assets [Roll Forward] | ' | | ' | ' |
Fair value of plan assets at end of year | 0 | | 0 | ' |
Estimated future benefit payments to participants [Abstract] | ' | | ' | ' |
Fair value of plan assets | 0 | | 0 | ' |
Pension Benefits [Member] | Common/Collective Trust Funds [Member] | Level 2 [Member] | ' | | ' | ' |
Change in fair value of plan assets [Roll Forward] | ' | | ' | ' |
Fair value of plan assets at end of year | 204,874 | | 193,497 | ' |
Estimated future benefit payments to participants [Abstract] | ' | | ' | ' |
Fair value of plan assets | 204,874 | | 193,497 | ' |
Pension Benefits [Member] | Common/Collective Trust Funds [Member] | Level 3 [Member] | ' | | ' | ' |
Change in fair value of plan assets [Roll Forward] | ' | | ' | ' |
Fair value of plan assets at end of year | 0 | | 0 | ' |
Estimated future benefit payments to participants [Abstract] | ' | | ' | ' |
Fair value of plan assets | 0 | | 0 | ' |
Pension Benefits [Member] | The Eastern Company Common Stock [Member] | ' | | ' | ' |
Change in fair value of plan assets [Roll Forward] | ' | | ' | ' |
Fair value of plan assets at end of year | 3,082,494 | | 3,063,132 | ' |
Estimated future benefit payments to participants [Abstract] | ' | | ' | ' |
Fair value of plan assets | 3,082,494 | | 3,063,132 | ' |
Pension Benefits [Member] | The Eastern Company Common Stock [Member] | Level 1 [Member] | ' | | ' | ' |
Change in fair value of plan assets [Roll Forward] | ' | | ' | ' |
Fair value of plan assets at end of year | 3,082,494 | | 3,063,132 | ' |
Estimated future benefit payments to participants [Abstract] | ' | | ' | ' |
Fair value of plan assets | 3,082,494 | | 3,063,132 | ' |
Pension Benefits [Member] | The Eastern Company Common Stock [Member] | Level 2 [Member] | ' | | ' | ' |
Change in fair value of plan assets [Roll Forward] | ' | | ' | ' |
Fair value of plan assets at end of year | 0 | | 0 | ' |
Estimated future benefit payments to participants [Abstract] | ' | | ' | ' |
Fair value of plan assets | 0 | | 0 | ' |
Pension Benefits [Member] | The Eastern Company Common Stock [Member] | Level 3 [Member] | ' | | ' | ' |
Change in fair value of plan assets [Roll Forward] | ' | | ' | ' |
Fair value of plan assets at end of year | 0 | | 0 | ' |
Estimated future benefit payments to participants [Abstract] | ' | | ' | ' |
Fair value of plan assets | 0 | | 0 | ' |
Pension Benefits [Member] | U.S. Large Cap [Member] | ' | | ' | ' |
Change in fair value of plan assets [Roll Forward] | ' | | ' | ' |
Fair value of plan assets at end of year | 6,643,640 | [2] | 5,826,726 | ' |
Estimated future benefit payments to participants [Abstract] | ' | | ' | ' |
Fair value of plan assets | 6,643,640 | [2] | 5,826,726 | ' |
Pension Benefits [Member] | U.S. Large Cap [Member] | Level 1 [Member] | ' | | ' | ' |
Change in fair value of plan assets [Roll Forward] | ' | | ' | ' |
Fair value of plan assets at end of year | 0 | [2] | 0 | ' |
Estimated future benefit payments to participants [Abstract] | ' | | ' | ' |
Fair value of plan assets | 0 | [2] | 0 | ' |
Pension Benefits [Member] | U.S. Large Cap [Member] | Level 2 [Member] | ' | | ' | ' |
Change in fair value of plan assets [Roll Forward] | ' | | ' | ' |
Fair value of plan assets at end of year | 6,643,640 | [2] | 5,826,726 | ' |
Estimated future benefit payments to participants [Abstract] | ' | | ' | ' |
Fair value of plan assets | 6,643,640 | [2] | 5,826,726 | ' |
Pension Benefits [Member] | U.S. Large Cap [Member] | Level 3 [Member] | ' | | ' | ' |
Change in fair value of plan assets [Roll Forward] | ' | | ' | ' |
Fair value of plan assets at end of year | 0 | [2] | 0 | ' |
Estimated future benefit payments to participants [Abstract] | ' | | ' | ' |
Fair value of plan assets | 0 | [2] | 0 | ' |
Pension Benefits [Member] | U.S. Small Cap [Member] | ' | | ' | ' |
Change in fair value of plan assets [Roll Forward] | ' | | ' | ' |
Fair value of plan assets at end of year | 4,485,040 | [3] | 3,964,072 | ' |
Estimated future benefit payments to participants [Abstract] | ' | | ' | ' |
Fair value of plan assets | 4,485,040 | [3] | 3,964,072 | ' |
Pension Benefits [Member] | U.S. Small Cap [Member] | Level 1 [Member] | ' | | ' | ' |
Change in fair value of plan assets [Roll Forward] | ' | | ' | ' |
Fair value of plan assets at end of year | 0 | [3] | 0 | ' |
Estimated future benefit payments to participants [Abstract] | ' | | ' | ' |
Fair value of plan assets | 0 | [3] | 0 | ' |
Pension Benefits [Member] | U.S. Small Cap [Member] | Level 2 [Member] | ' | | ' | ' |
Change in fair value of plan assets [Roll Forward] | ' | | ' | ' |
Fair value of plan assets at end of year | 4,485,040 | [3] | 3,964,072 | ' |
Estimated future benefit payments to participants [Abstract] | ' | | ' | ' |
Fair value of plan assets | 4,485,040 | [3] | 3,964,072 | ' |
Pension Benefits [Member] | U.S. Small Cap [Member] | Level 3 [Member] | ' | | ' | ' |
Change in fair value of plan assets [Roll Forward] | ' | | ' | ' |
Fair value of plan assets at end of year | 0 | [3] | 0 | ' |
Estimated future benefit payments to participants [Abstract] | ' | | ' | ' |
Fair value of plan assets | 0 | [3] | 0 | ' |
Pension Benefits [Member] | Concentrated Equity [Member] | ' | | ' | ' |
Change in fair value of plan assets [Roll Forward] | ' | | ' | ' |
Fair value of plan assets at end of year | 5,578,600 | [4] | 4,899,023 | ' |
Estimated future benefit payments to participants [Abstract] | ' | | ' | ' |
Fair value of plan assets | 5,578,600 | [4] | 4,899,023 | ' |
Pension Benefits [Member] | Concentrated Equity [Member] | Level 1 [Member] | ' | | ' | ' |
Change in fair value of plan assets [Roll Forward] | ' | | ' | ' |
Fair value of plan assets at end of year | 0 | [4] | 0 | ' |
Estimated future benefit payments to participants [Abstract] | ' | | ' | ' |
Fair value of plan assets | 0 | [4] | 0 | ' |
Pension Benefits [Member] | Concentrated Equity [Member] | Level 2 [Member] | ' | | ' | ' |
Change in fair value of plan assets [Roll Forward] | ' | | ' | ' |
Fair value of plan assets at end of year | 5,578,600 | [4] | 4,899,023 | ' |
Estimated future benefit payments to participants [Abstract] | ' | | ' | ' |
Fair value of plan assets | 5,578,600 | [4] | 4,899,023 | ' |
Pension Benefits [Member] | Concentrated Equity [Member] | Level 3 [Member] | ' | | ' | ' |
Change in fair value of plan assets [Roll Forward] | ' | | ' | ' |
Fair value of plan assets at end of year | 0 | [4] | 0 | ' |
Estimated future benefit payments to participants [Abstract] | ' | | ' | ' |
Fair value of plan assets | 0 | [4] | 0 | ' |
Pension Benefits [Member] | International Large Cap with Active Currency [Member] | ' | | ' | ' |
Change in fair value of plan assets [Roll Forward] | ' | | ' | ' |
Fair value of plan assets at end of year | 7,788,246 | [5] | 6,999,997 | ' |
Estimated future benefit payments to participants [Abstract] | ' | | ' | ' |
Fair value of plan assets | 7,788,246 | [5] | 6,999,997 | ' |
Pension Benefits [Member] | International Large Cap with Active Currency [Member] | Level 1 [Member] | ' | | ' | ' |
Change in fair value of plan assets [Roll Forward] | ' | | ' | ' |
Fair value of plan assets at end of year | 0 | [5] | 0 | ' |
Estimated future benefit payments to participants [Abstract] | ' | | ' | ' |
Fair value of plan assets | 0 | [5] | 0 | ' |
Pension Benefits [Member] | International Large Cap with Active Currency [Member] | Level 2 [Member] | ' | | ' | ' |
Change in fair value of plan assets [Roll Forward] | ' | | ' | ' |
Fair value of plan assets at end of year | 7,788,246 | [5] | 6,999,997 | ' |
Estimated future benefit payments to participants [Abstract] | ' | | ' | ' |
Fair value of plan assets | 7,788,246 | [5] | 6,999,997 | ' |
Pension Benefits [Member] | International Large Cap with Active Currency [Member] | Level 3 [Member] | ' | | ' | ' |
Change in fair value of plan assets [Roll Forward] | ' | | ' | ' |
Fair value of plan assets at end of year | 0 | [5] | 0 | ' |
Estimated future benefit payments to participants [Abstract] | ' | | ' | ' |
Fair value of plan assets | 0 | [5] | 0 | ' |
Pension Benefits [Member] | Emerging Market [Member] | ' | | ' | ' |
Change in fair value of plan assets [Roll Forward] | ' | | ' | ' |
Fair value of plan assets at end of year | 3,231,355 | [6] | 3,017,350 | ' |
Estimated future benefit payments to participants [Abstract] | ' | | ' | ' |
Fair value of plan assets | 3,231,355 | [6] | 3,017,350 | ' |
Pension Benefits [Member] | Emerging Market [Member] | Level 1 [Member] | ' | | ' | ' |
Change in fair value of plan assets [Roll Forward] | ' | | ' | ' |
Fair value of plan assets at end of year | 0 | [6] | 0 | ' |
Estimated future benefit payments to participants [Abstract] | ' | | ' | ' |
Fair value of plan assets | 0 | [6] | 0 | ' |
Pension Benefits [Member] | Emerging Market [Member] | Level 2 [Member] | ' | | ' | ' |
Change in fair value of plan assets [Roll Forward] | ' | | ' | ' |
Fair value of plan assets at end of year | 3,231,355 | [6] | 3,017,350 | ' |
Estimated future benefit payments to participants [Abstract] | ' | | ' | ' |
Fair value of plan assets | 3,231,355 | [6] | 3,017,350 | ' |
Pension Benefits [Member] | Emerging Market [Member] | Level 3 [Member] | ' | | ' | ' |
Change in fair value of plan assets [Roll Forward] | ' | | ' | ' |
Fair value of plan assets at end of year | 0 | [6] | 0 | ' |
Estimated future benefit payments to participants [Abstract] | ' | | ' | ' |
Fair value of plan assets | 0 | [6] | 0 | ' |
Pension Benefits [Member] | Intermediate Bond [Member] | ' | | ' | ' |
Change in fair value of plan assets [Roll Forward] | ' | | ' | ' |
Fair value of plan assets at end of year | 15,817,474 | [7] | 14,368,745 | ' |
Estimated future benefit payments to participants [Abstract] | ' | | ' | ' |
Fair value of plan assets | 15,817,474 | [7] | 14,368,745 | ' |
Pension Benefits [Member] | Intermediate Bond [Member] | Level 1 [Member] | ' | | ' | ' |
Change in fair value of plan assets [Roll Forward] | ' | | ' | ' |
Fair value of plan assets at end of year | 0 | [7] | 0 | ' |
Estimated future benefit payments to participants [Abstract] | ' | | ' | ' |
Fair value of plan assets | 0 | [7] | 0 | ' |
Pension Benefits [Member] | Intermediate Bond [Member] | Level 2 [Member] | ' | | ' | ' |
Change in fair value of plan assets [Roll Forward] | ' | | ' | ' |
Fair value of plan assets at end of year | 15,817,474 | [7] | 14,368,745 | ' |
Estimated future benefit payments to participants [Abstract] | ' | | ' | ' |
Fair value of plan assets | 15,817,474 | [7] | 14,368,745 | ' |
Pension Benefits [Member] | Intermediate Bond [Member] | Level 3 [Member] | ' | | ' | ' |
Change in fair value of plan assets [Roll Forward] | ' | | ' | ' |
Fair value of plan assets at end of year | 0 | [7] | 0 | ' |
Estimated future benefit payments to participants [Abstract] | ' | | ' | ' |
Fair value of plan assets | 0 | [7] | 0 | ' |
Pension Benefits [Member] | 6 Year Target Duration LDI Fixed Income Fund [Member] | ' | | ' | ' |
Change in fair value of plan assets [Roll Forward] | ' | | ' | ' |
Fair value of plan assets at end of year | 211,661 | [8] | 215,604 | ' |
Estimated future benefit payments to participants [Abstract] | ' | | ' | ' |
Fair value of plan assets | 211,661 | [8] | 215,604 | ' |
Pension Benefits [Member] | 6 Year Target Duration LDI Fixed Income Fund [Member] | Level 1 [Member] | ' | | ' | ' |
Change in fair value of plan assets [Roll Forward] | ' | | ' | ' |
Fair value of plan assets at end of year | 0 | [8] | 0 | ' |
Estimated future benefit payments to participants [Abstract] | ' | | ' | ' |
Fair value of plan assets | 0 | [8] | 0 | ' |
Pension Benefits [Member] | 6 Year Target Duration LDI Fixed Income Fund [Member] | Level 2 [Member] | ' | | ' | ' |
Change in fair value of plan assets [Roll Forward] | ' | | ' | ' |
Fair value of plan assets at end of year | 211,661 | [8] | 215,604 | ' |
Estimated future benefit payments to participants [Abstract] | ' | | ' | ' |
Fair value of plan assets | 211,661 | [8] | 215,604 | ' |
Pension Benefits [Member] | 6 Year Target Duration LDI Fixed Income Fund [Member] | Level 3 [Member] | ' | | ' | ' |
Change in fair value of plan assets [Roll Forward] | ' | | ' | ' |
Fair value of plan assets at end of year | 0 | [8] | 0 | ' |
Estimated future benefit payments to participants [Abstract] | ' | | ' | ' |
Fair value of plan assets | 0 | [8] | 0 | ' |
Pension Benefits [Member] | 8 Year Target Duration LDI Fixed Income Fund [Member] | ' | | ' | ' |
Change in fair value of plan assets [Roll Forward] | ' | | ' | ' |
Fair value of plan assets at end of year | 211,101 | [8] | 214,968 | ' |
Estimated future benefit payments to participants [Abstract] | ' | | ' | ' |
Fair value of plan assets | 211,101 | [8] | 214,968 | ' |
Pension Benefits [Member] | 8 Year Target Duration LDI Fixed Income Fund [Member] | Level 1 [Member] | ' | | ' | ' |
Change in fair value of plan assets [Roll Forward] | ' | | ' | ' |
Fair value of plan assets at end of year | 0 | [8] | 0 | ' |
Estimated future benefit payments to participants [Abstract] | ' | | ' | ' |
Fair value of plan assets | 0 | [8] | 0 | ' |
Pension Benefits [Member] | 8 Year Target Duration LDI Fixed Income Fund [Member] | Level 2 [Member] | ' | | ' | ' |
Change in fair value of plan assets [Roll Forward] | ' | | ' | ' |
Fair value of plan assets at end of year | 211,101 | [8] | 214,968 | ' |
Estimated future benefit payments to participants [Abstract] | ' | | ' | ' |
Fair value of plan assets | 211,101 | [8] | 214,968 | ' |
Pension Benefits [Member] | 8 Year Target Duration LDI Fixed Income Fund [Member] | Level 3 [Member] | ' | | ' | ' |
Change in fair value of plan assets [Roll Forward] | ' | | ' | ' |
Fair value of plan assets at end of year | 0 | [8] | 0 | ' |
Estimated future benefit payments to participants [Abstract] | ' | | ' | ' |
Fair value of plan assets | 0 | [8] | 0 | ' |
Pension Benefits [Member] | 10 Year Target Duration LDI Fixed Income Fund [Member] | ' | | ' | ' |
Change in fair value of plan assets [Roll Forward] | ' | | ' | ' |
Fair value of plan assets at end of year | 316,556 | [8] | 306,535 | ' |
Estimated future benefit payments to participants [Abstract] | ' | | ' | ' |
Fair value of plan assets | 316,556 | [8] | 306,535 | ' |
Pension Benefits [Member] | 10 Year Target Duration LDI Fixed Income Fund [Member] | Level 1 [Member] | ' | | ' | ' |
Change in fair value of plan assets [Roll Forward] | ' | | ' | ' |
Fair value of plan assets at end of year | 0 | [8] | 0 | ' |
Estimated future benefit payments to participants [Abstract] | ' | | ' | ' |
Fair value of plan assets | 0 | [8] | 0 | ' |
Pension Benefits [Member] | 10 Year Target Duration LDI Fixed Income Fund [Member] | Level 2 [Member] | ' | | ' | ' |
Change in fair value of plan assets [Roll Forward] | ' | | ' | ' |
Fair value of plan assets at end of year | 316,556 | [8] | 306,535 | ' |
Estimated future benefit payments to participants [Abstract] | ' | | ' | ' |
Fair value of plan assets | 316,556 | [8] | 306,535 | ' |
Pension Benefits [Member] | 10 Year Target Duration LDI Fixed Income Fund [Member] | Level 3 [Member] | ' | | ' | ' |
Change in fair value of plan assets [Roll Forward] | ' | | ' | ' |
Fair value of plan assets at end of year | 0 | [8] | 0 | ' |
Estimated future benefit payments to participants [Abstract] | ' | | ' | ' |
Fair value of plan assets | 0 | [8] | 0 | ' |
Pension Benefits [Member] | 12 Year Target Duration LDI Fixed Income Fund [Member] | ' | | ' | ' |
Change in fair value of plan assets [Roll Forward] | ' | | ' | ' |
Fair value of plan assets at end of year | 845,278 | [8] | 824,342 | ' |
Estimated future benefit payments to participants [Abstract] | ' | | ' | ' |
Fair value of plan assets | 845,278 | [8] | 824,342 | ' |
Pension Benefits [Member] | 12 Year Target Duration LDI Fixed Income Fund [Member] | Level 1 [Member] | ' | | ' | ' |
Change in fair value of plan assets [Roll Forward] | ' | | ' | ' |
Fair value of plan assets at end of year | 0 | [8] | 0 | ' |
Estimated future benefit payments to participants [Abstract] | ' | | ' | ' |
Fair value of plan assets | 0 | [8] | 0 | ' |
Pension Benefits [Member] | 12 Year Target Duration LDI Fixed Income Fund [Member] | Level 2 [Member] | ' | | ' | ' |
Change in fair value of plan assets [Roll Forward] | ' | | ' | ' |
Fair value of plan assets at end of year | 845,278 | [8] | 824,342 | ' |
Estimated future benefit payments to participants [Abstract] | ' | | ' | ' |
Fair value of plan assets | 845,278 | [8] | 824,342 | ' |
Pension Benefits [Member] | 12 Year Target Duration LDI Fixed Income Fund [Member] | Level 3 [Member] | ' | | ' | ' |
Change in fair value of plan assets [Roll Forward] | ' | | ' | ' |
Fair value of plan assets at end of year | 0 | [8] | 0 | ' |
Estimated future benefit payments to participants [Abstract] | ' | | ' | ' |
Fair value of plan assets | 0 | [8] | 0 | ' |
Pension Benefits [Member] | 14 Year Target Duration LDI Fixed Income Fund [Member] | ' | | ' | ' |
Change in fair value of plan assets [Roll Forward] | ' | | ' | ' |
Fair value of plan assets at end of year | 1,108,960 | [8] | 1,087,074 | ' |
Estimated future benefit payments to participants [Abstract] | ' | | ' | ' |
Fair value of plan assets | 1,108,960 | [8] | 1,087,074 | ' |
Pension Benefits [Member] | 14 Year Target Duration LDI Fixed Income Fund [Member] | Level 1 [Member] | ' | | ' | ' |
Change in fair value of plan assets [Roll Forward] | ' | | ' | ' |
Fair value of plan assets at end of year | 0 | [8] | 0 | ' |
Estimated future benefit payments to participants [Abstract] | ' | | ' | ' |
Fair value of plan assets | 0 | [8] | 0 | ' |
Pension Benefits [Member] | 14 Year Target Duration LDI Fixed Income Fund [Member] | Level 2 [Member] | ' | | ' | ' |
Change in fair value of plan assets [Roll Forward] | ' | | ' | ' |
Fair value of plan assets at end of year | 1,108,960 | [8] | 1,087,074 | ' |
Estimated future benefit payments to participants [Abstract] | ' | | ' | ' |
Fair value of plan assets | 1,108,960 | [8] | 1,087,074 | ' |
Pension Benefits [Member] | 14 Year Target Duration LDI Fixed Income Fund [Member] | Level 3 [Member] | ' | | ' | ' |
Change in fair value of plan assets [Roll Forward] | ' | | ' | ' |
Fair value of plan assets at end of year | 0 | [8] | 0 | ' |
Estimated future benefit payments to participants [Abstract] | ' | | ' | ' |
Fair value of plan assets | 0 | [8] | 0 | ' |
Pension Benefits [Member] | 16 Year Target Duration LDI Fixed Income Fund [Member] | ' | | ' | ' |
Change in fair value of plan assets [Roll Forward] | ' | | ' | ' |
Fair value of plan assets at end of year | 475,035 | [8] | 426,544 | ' |
Estimated future benefit payments to participants [Abstract] | ' | | ' | ' |
Fair value of plan assets | 475,035 | [8] | 426,544 | ' |
Pension Benefits [Member] | 16 Year Target Duration LDI Fixed Income Fund [Member] | Level 1 [Member] | ' | | ' | ' |
Change in fair value of plan assets [Roll Forward] | ' | | ' | ' |
Fair value of plan assets at end of year | 0 | [8] | 0 | ' |
Estimated future benefit payments to participants [Abstract] | ' | | ' | ' |
Fair value of plan assets | 0 | [8] | 0 | ' |
Pension Benefits [Member] | 16 Year Target Duration LDI Fixed Income Fund [Member] | Level 2 [Member] | ' | | ' | ' |
Change in fair value of plan assets [Roll Forward] | ' | | ' | ' |
Fair value of plan assets at end of year | 475,035 | [8] | 426,544 | ' |
Estimated future benefit payments to participants [Abstract] | ' | | ' | ' |
Fair value of plan assets | 475,035 | [8] | 426,544 | ' |
Pension Benefits [Member] | 16 Year Target Duration LDI Fixed Income Fund [Member] | Level 3 [Member] | ' | | ' | ' |
Change in fair value of plan assets [Roll Forward] | ' | | ' | ' |
Fair value of plan assets at end of year | 0 | [8] | 0 | ' |
Estimated future benefit payments to participants [Abstract] | ' | | ' | ' |
Fair value of plan assets | 0 | [8] | 0 | ' |
Pension Benefits [Member] | Long Duration Fixed Credit [Member] | ' | | ' | ' |
Change in fair value of plan assets [Roll Forward] | ' | | ' | ' |
Fair value of plan assets at end of year | 7,363,673 | [9] | 6,684,999 | ' |
Estimated future benefit payments to participants [Abstract] | ' | | ' | ' |
Fair value of plan assets | 7,363,673 | [9] | 6,684,999 | ' |
Pension Benefits [Member] | Long Duration Fixed Credit [Member] | Level 1 [Member] | ' | | ' | ' |
Change in fair value of plan assets [Roll Forward] | ' | | ' | ' |
Fair value of plan assets at end of year | 0 | [9] | 0 | ' |
Estimated future benefit payments to participants [Abstract] | ' | | ' | ' |
Fair value of plan assets | 0 | [9] | 0 | ' |
Pension Benefits [Member] | Long Duration Fixed Credit [Member] | Level 2 [Member] | ' | | ' | ' |
Change in fair value of plan assets [Roll Forward] | ' | | ' | ' |
Fair value of plan assets at end of year | 7,363,673 | [9] | 6,684,999 | ' |
Estimated future benefit payments to participants [Abstract] | ' | | ' | ' |
Fair value of plan assets | 7,363,673 | [9] | 6,684,999 | ' |
Pension Benefits [Member] | Long Duration Fixed Credit [Member] | Level 3 [Member] | ' | | ' | ' |
Change in fair value of plan assets [Roll Forward] | ' | | ' | ' |
Fair value of plan assets at end of year | 0 | [9] | 0 | ' |
Estimated future benefit payments to participants [Abstract] | ' | | ' | ' |
Fair value of plan assets | 0 | [9] | 0 | ' |
Pension Benefits [Member] | Insurance Contracts [Member] | ' | | ' | ' |
Change in fair value of plan assets [Roll Forward] | ' | | ' | ' |
Fair value of plan assets at end of year | 2,689,979 | | 2,552,000 | ' |
Estimated future benefit payments to participants [Abstract] | ' | | ' | ' |
Fair value of plan assets | 2,689,979 | | 2,552,000 | ' |
Pension Benefits [Member] | Insurance Contracts [Member] | Level 1 [Member] | ' | | ' | ' |
Change in fair value of plan assets [Roll Forward] | ' | | ' | ' |
Fair value of plan assets at end of year | 0 | | 0 | ' |
Estimated future benefit payments to participants [Abstract] | ' | | ' | ' |
Fair value of plan assets | 0 | | 0 | ' |
Pension Benefits [Member] | Insurance Contracts [Member] | Level 2 [Member] | ' | | ' | ' |
Change in fair value of plan assets [Roll Forward] | ' | | ' | ' |
Fair value of plan assets at end of year | 2,689,979 | | 2,552,000 | ' |
Estimated future benefit payments to participants [Abstract] | ' | | ' | ' |
Fair value of plan assets | 2,689,979 | | 2,552,000 | ' |
Pension Benefits [Member] | Insurance Contracts [Member] | Level 3 [Member] | ' | | ' | ' |
Change in fair value of plan assets [Roll Forward] | ' | | ' | ' |
Fair value of plan assets at end of year | 0 | | 0 | ' |
Estimated future benefit payments to participants [Abstract] | ' | | ' | ' |
Fair value of plan assets | 0 | | 0 | ' |
Postretirement Benefits [Member] | ' | | ' | ' |
Defined Benefit Plan Disclosure [Line Items] | ' | | ' | ' |
Contributions made by Company | 34,565 | | 71,655 | ' |
Components of the net periodic benefit cost [Abstract] | ' | | ' | ' |
Service cost | 202,568 | | 173,613 | 126,464 |
Interest cost | 142,086 | | 143,388 | 136,752 |
Expected return on plan assets | -73,920 | | -46,255 | -52,920 |
Amortization of prior service cost | -23,888 | | -23,889 | -23,888 |
Amortization of the net loss | -4,608 | | -50,784 | -46,380 |
Net periodic benefit cost | 242,238 | | 196,073 | 140,028 |
Assumptions used to determine net periodic benefit cost [Abstract] | ' | | ' | ' |
Discount rate (in hundredths) | 3.90% | | 4.55% | 5.35% |
Expected return on plan assets (in hundredths) | 8.00% | | 8.00% | 8.50% |
Change in benefit obligation [Roll Forward] | ' | | ' | ' |
Benefit obligation at beginning of year | 3,712,505 | | 3,069,155 | ' |
Change due to availability of final actual assets and census data | 0 | | 151,397 | ' |
Plan amendment | 0 | | 0 | ' |
Service cost | 202,568 | | 173,613 | 126,464 |
Interest cost | 142,086 | | 143,388 | 136,752 |
Actuarial (gain)/loss | -498,446 | | 301,076 | ' |
Benefits paid | -138,238 | | -126,124 | ' |
Benefit obligation at end of year | 3,420,475 | | 3,712,505 | 3,069,155 |
Change in fair value of plan assets [Roll Forward] | ' | | ' | ' |
Fair value of plan assets at beginning of year | 1,204,779 | | 1,215,998 | ' |
Change due to availability of final actual assets and census data | 12,577 | | -3,005 | ' |
Actual return on plan assets | 73,920 | | 46,255 | ' |
Employer contributions | 34,565 | | 71,655 | ' |
Benefits paid | -138,238 | | -126,124 | ' |
Fair value of plan assets at end of year | 1,187,603 | | 1,204,779 | 1,215,998 |
Funded status [Abstract] | ' | | ' | ' |
Net amount recognized in the balance sheet | -2,232,872 | | -2,507,726 | ' |
Amounts recognized in accumulated other comprehensive income [Abstract] | ' | | ' | ' |
Net loss | -115,052 | | -621,467 | ' |
Prior service (cost) credit | 111,508 | | 135,396 | ' |
Total | -3,544 | | -486,071 | 44,080 |
Defined Benefit Plan, Change in components of accumulated other comprehensive income [Abstract] | ' | | ' | ' |
Balance at beginning of period | -486,071 | | 44,080 | ' |
Change due to availability of final actual assets and census data | 12,577 | | -154,402 | ' |
Charged to net periodic benefit cost [Abstract] | ' | | ' | ' |
Prior service cost | -23,888 | | -23,889 | -23,888 |
Net loss (gain) | -4,608 | | -50,784 | -46,380 |
Other changes [Abstract] | ' | | ' | ' |
Liability (gains)/losses | 498,446 | | -301,076 | ' |
Balance at end of period | -3,544 | | -486,071 | 44,080 |
Amounts that will be amortized from accumulated other comprehensive income in next fiscal year [Abstract] | ' | | ' | ' |
Net (loss) gain | 0 | | ' | ' |
Prior service cost (credit) | 24,000 | | ' | ' |
Pension plans with projected benefit obligation and accumulated benefit obligation in excess of plan assets [Abstract] | ' | | ' | ' |
Net amount recognized in accrued benefit liability | -2,232,872 | | -2,507,726 | ' |
Estimated future benefit payments to participants [Abstract] | ' | | ' | ' |
2014 | 164,000 | | ' | ' |
2015 | 172,000 | | ' | ' |
2016 | 184,000 | | ' | ' |
2017 | 193,000 | | ' | ' |
2018 | 202,000 | | ' | ' |
2019 through 2023 | 1,186,000 | | ' | ' |
Contributions expected to be made by Company in next fiscal year | 63,000 | | ' | ' |
Fair value of plan assets | 1,187,603 | | 1,204,779 | 1,215,998 |
Life insurance cost trend rate (in hundredths) | 1.00% | | ' | ' |
Effect of one-percentage-point change in assumed health care cost trend rates on postretirement benefit plan [Abstract] | ' | | ' | ' |
Effect of 1-percentage point increase on total of service and interest cost components | 58,361 | | ' | ' |
Effect of 1-percentage point decrease on total of service and interest cost components | -47,201 | | ' | ' |
Effect of 1-percentage point increase on postretirement benefit obligation | 514,000 | | ' | ' |
Effect of 1-percentage point decrease on postretirement benefit obligation | -423,068 | | ' | ' |
Postretirement Benefits [Member] | Level 1 [Member] | ' | | ' | ' |
Change in fair value of plan assets [Roll Forward] | ' | | ' | ' |
Fair value of plan assets at end of year | 0 | | 0 | ' |
Estimated future benefit payments to participants [Abstract] | ' | | ' | ' |
Fair value of plan assets | 0 | | 0 | ' |
Postretirement Benefits [Member] | Level 2 [Member] | ' | | ' | ' |
Change in fair value of plan assets [Roll Forward] | ' | | ' | ' |
Fair value of plan assets at end of year | 0 | | 0 | ' |
Estimated future benefit payments to participants [Abstract] | ' | | ' | ' |
Fair value of plan assets | 0 | | 0 | ' |
Postretirement Benefits [Member] | Level 3 [Member] | ' | | ' | ' |
Defined Benefit Plan Disclosure [Line Items] | ' | | ' | ' |
Contributions made by Company | 34,565 | | 71,655 | ' |
Change in benefit obligation [Roll Forward] | ' | | ' | ' |
Benefits paid | -138,238 | | -126,124 | ' |
Change in fair value of plan assets [Roll Forward] | ' | | ' | ' |
Fair value of plan assets at beginning of year | 1,204,779 | | 1,215,998 | ' |
Change due to availability of final actual assets and census data | 12,577 | | -3,005 | ' |
Actual return on plan assets | 73,920 | | 46,255 | ' |
Employer contributions | 34,565 | | 71,655 | ' |
Benefits paid | -138,238 | | -126,124 | ' |
Fair value of plan assets at end of year | 1,187,603 | | 1,204,779 | ' |
Estimated future benefit payments to participants [Abstract] | ' | | ' | ' |
Fair value of plan assets | 1,187,603 | | 1,204,779 | ' |
Postretirement Benefits [Member] | Insurance Contracts [Member] | ' | | ' | ' |
Change in fair value of plan assets [Roll Forward] | ' | | ' | ' |
Fair value of plan assets at end of year | 1,187,603 | | 1,204,779 | ' |
Estimated future benefit payments to participants [Abstract] | ' | | ' | ' |
Fair value of plan assets | 1,187,603 | | 1,204,779 | ' |
Postretirement Benefits [Member] | Insurance Contracts [Member] | Level 1 [Member] | ' | | ' | ' |
Change in fair value of plan assets [Roll Forward] | ' | | ' | ' |
Fair value of plan assets at end of year | 0 | | 0 | ' |
Estimated future benefit payments to participants [Abstract] | ' | | ' | ' |
Fair value of plan assets | 0 | | 0 | ' |
Postretirement Benefits [Member] | Insurance Contracts [Member] | Level 2 [Member] | ' | | ' | ' |
Change in fair value of plan assets [Roll Forward] | ' | | ' | ' |
Fair value of plan assets at end of year | 0 | | 0 | ' |
Estimated future benefit payments to participants [Abstract] | ' | | ' | ' |
Fair value of plan assets | 0 | | 0 | ' |
Postretirement Benefits [Member] | Insurance Contracts [Member] | Level 3 [Member] | ' | | ' | ' |
Change in fair value of plan assets [Roll Forward] | ' | | ' | ' |
Fair value of plan assets at end of year | 1,187,603 | | 1,204,779 | ' |
Estimated future benefit payments to participants [Abstract] | ' | | ' | ' |
Fair value of plan assets | $1,187,603 | | $1,204,779 | ' |
|
[1] | Information relating to one of the Companybs pension plans is excluded from the above table as this plan was over-funded by approximately $70,000 at December 28, 2013. |
[2] | The investment objective of the large cap fund is to outperform the Russell 1000B. Index. The fund is designed to provide for long-term growth of capital by utilizing a diversified group of quantitative investment strategies that seek to identify securities that have exposure to factors that the underlying advisorsb research has found to be predictive of future excess returns. The advisorsb portfolios are quantitatively structured to gain exposure to these predictive characteristics while minimizing unintended risk exposures. |
[3] | The small cap fund has an objective to outperform the Russell 2500B. Index The fund is designed to achieve consistency by combining advisors whose complementary disciplined processes employ distinct methods for identifying small capitalization U.S. stocks with strong return potential. Advisors in the fund use a wide range of criteria and disciplines in their stock selection, focusing on factors such as: undervalued or under-researched companies, special situations, emerging growth, asset plays or turnarounds. |
[4] | The investment objective of the concentrated equity fund is to outperform the Russell 1000B. Index. The fund is designed to achieve this by combining strategies with different payoffs over different phases of an economic and stock market cycle. To help achieve this objective, multiple advisors and strategies are employed to reduce bscenario risk.b These multiple strategies are in the form of multiple investment styles (e.g., growth, market oriented, and value), multiple sub-styles, and different ways of identifying undervalued securities. |
[5] | The international fund with active currency has an investment objective of outperforming the Russell Development ex-U.S. Large Cap Index Net. The fund is designed to provide the potential for long-term growth of capital by utilizing a diversified group of investment advisors that the Trusteebs managerbs research indicates will outperform over a full market cycle. The investment advisorsb portfolios are combined to form a fund that emphasizes their strengths while minimizing unintended risk exposures. |
[6] | The emerging market fund seeks to outperform the Russell Emerging Markets Index Net. The fund is designed to provide the potential for long-term growth of capital by utilizing a diversified market group of investment advisors that the Trusteebs managerbs research indicates will outperform over a full market cycle. The investment advisorsb portfolios are combined to form a fund that emphasizes their strengths while minimizing unintended risk exposures. |
[7] | Fixed income common fund investments have an investment objective of outperforming the Barclays Capital U.S. Aggregate Bond Index over a full market cycle. The fund is designed to provide current income, and as a secondary objective, capital appreciation through a variety of diversified strategies including sector rotation, modest interest rate timing, security selection and tactical use of high yield and emerging market bonds. The portfolio diversification provides protection against a single security or class of securities having a disproportionate impact on aggregate performance. To help achieve the objective, the fund is actively managed by multiple advisors who use a variety of investment strategies to create a broad market exposure. The fundbs advisors have distinct but complementary investment styles. These advisors generally have similar universes of investable securities but have different areas of specialization and expertise within intermediate duration securities. |
[8] | The Target Duration LDI Fixed Income Funds seek to outperform their respective Barclays-Russell LDI Indexes over a full market cycle. These Funds seek to provide current income, and as a secondary objective, capital appreciation through diversified strategies including sector rotation, modest interest rate timing, security selection and tactical use of high yield and emerging market bonds. The Funds will generally be used in combination with other bond funds to enable the plans to gain additional credit exposure within their asset portfolio, with the goal of reducing the mismatch between a planbs assets and liabilities. |
[9] | The long duration fixed credit fund seeks to outperform the Barclays Capital Long Credit Index over a full market cycle. The fund seeks to provide current income, and as a secondary objective, capital appreciation through diversified strategies including sector rotation, modest interest rate timing, security selection and tactical use of high yield and emerging market bonds. The fund will generally be used in combination with other bond funds, with the goal of reducing the mismatch between a planbs assets and liabilities. |