Company: CPS
Filing Date: 2025-02-14
Form Type: 10-K
Source: 0001320461-25-000033
Chunk: 121

Company: Cooper-Standard Holdings Inc.
Filing Date: 2025-02-14
Form: 10-K
Item: Item 8
Chunk 121
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 2TotalEquity funds$— $6,597 $6,597 Bond funds— 21,216 21,216 Cash and cash equivalents1,615 — 1,615 Total$1,615 $27,813 $29,428 December 31, 2023Level 1Level 2Assets measured at NAV (1)TotalEquity funds$— $7,167 $— $7,167 Bond funds— 25,236 — 25,236 Bond funds measured at net asset value— — 123,366 123,366 Real estate measured at net asset value— — 8,121 8,121 Cash and cash equivalents18,117 — — 18,117 Total$18,117 $32,403 $131,487 $182,007 (1)    Certain assets that are measured at fair value using the NAV per share (or its equivalent) practical expedient have not been classified in the fair value hierarchy. These assets are included in this table to present total pension plan assets at fair value. There were no transfers of Level 3 assets and no Level 3 assets in the ending balance for the years ended December 31, 2024 and December 31, 2023.Expected Future Benefit PaymentsThe Company estimates its benefit payments for domestic and foreign pension plans during the next ten years to be as follows: Years Ending December 31, U.S. Non-U.S. Total2025$1,032 $5,796 $6,828 20261,013 6,014 7,027 2027991 6,597 7,588 2028966 7,041 8,007 2029942 7,726 8,668 2030 - 20344,212 46,648 50,860 ContributionsThe Company does not anticipate making cash contributions to its SERP in 2025, but will make minimum funding cash contributions of approximately $408 to its non-U.S. pension plans in 2025.

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NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)(Dollar amounts in thousands except per share and share amounts)

The Company also sponsors voluntary defined contribution plans for certain salaried and hourly U.S. employees of the Company. The Company matches contributions of participants, up