Defined Benefit Plan - Schedule of a Reconciliation of the Accumulated Benefit Obligation (Details) |
3 Months Ended |
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Mar. 31, 2025
USD ($)
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Schedule of a Reconciliation of the Accumulated Benefit Obligation [Abstract] | |
As of December 31, 2023 | $ 2,593,360 |
Service cost | 22,728 |
Interest cost | 5,992 |
Actuarial (gain) loss | (47,986) |
Benefits paid | (4,800) |
Contributions paid by plan participants | 21,029 |
Settlements | (87,837) |
Projected benefit obligation as of December 31, 2024 | 2,502,486 |
Actuarial (gain)/loss due to assumption changes | (81,004) |
Actuarial (gain)/loss due to plan experience | 33,018 |
Accumulated benefit obligation as of December 31, 2024 | $ 2,454,500 |
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- Definition Actuarial (gain)/loss due to plan experience. No definition available.
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- Definition Contributions paid by plan participants. No definition available.
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- Definition Amount ofinterest cost. No definition available.
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- Definition Service cost. No definition available.
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- Definition Amount of actuarial present value of benefits attributed to employee service rendered, excluding assumptions about future compensation level. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of gain (loss) from change in actuarial assumptions which (increases) decreases benefit obligation of defined benefit plan. Assumptions include, but are not limited to, interest, mortality, employee turnover, salary, and temporary deviation from substantive plan. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- Definition Amount of payment to participant of defined benefit plan which decreases benefit obligation. For pension plan, payment includes, but is not limited to, pension benefits and death benefits. For other postretirement plan, payment includes, but is not limited to, prescription drug benefits, health care benefits, life insurance benefits, and legal, educational and advisory services. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount included in accumulated other comprehensive income (loss) for transition asset (obligation) expected to be recognized in net periodic benefit (cost) credit for fiscal year following most recent annual statement of financial position. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of increase (decrease) in benefit obligation of defined benefit plan from change, classified as other. No definition available.
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- Definition Amount of payment, which decreases plan assets of defined benefit plan, for irrevocable action relieving primary responsibility for benefit obligation and eliminating risk for obligation and assets used to effect settlement. Transaction constituting settlement includes, but is not limited to, making lump-sum cash payment to participant in exchange for their rights to receive specified benefits and purchasing nonparticipating annuity contract. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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