Company: CPS
Filing Date: 2025-02-14
Form Type: 10-K
Source: 0001320461-25-000033
Chunk: 118

Company: Cooper-Standard Holdings Inc.
Filing Date: 2025-02-14
Form: 10-K
Item: Item 8
Chunk 118
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10,004 3,013 Employer contributions1,042 4,711 1,036 5,523 Benefits paid(6,426)(4,687)(11,464)(5,633)Foreign exchange translation— (2,767)— 771 Settlements and curtailments(136,479)(4,552)(48,553)(1,935)Other92 (220)— — Fair value of plan assets at end of period$— $29,428 $147,457 $34,550 Funded status of the plans$(9,782)$(81,108)$(14,356)$(92,245)The U.S. amounts provided in the table above for projected benefit obligations at end of period, fair value of plan assets at end of period, and funded status of the plans for the year ended December 31, 2024 relate only to the Company’s supplemental employee retirement plan (“SERP”). December 31, 2024December 31, 2023  U.S. Non-U.S. U.S. Non-U.S.Amounts recognized in the consolidated balance sheet:Other assets$— $3,253 $— $3,039 Accrued liabilities(1,005)(3,885)(4,958)(4,104)Pension benefits (long term)(8,777)(80,476)(9,398)(91,180)The U.S. amounts provided in the table above for amounts recognized in the consolidated balance sheet as of December 31, 2024 relate only to the Company’s SERP.

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

Pre-tax amounts included in accumulated other comprehensive loss that have not yet been recognized in net periodic benefit cost (income) as of December 31, 2024 and 2023 were as follows:December 31, 2024December 31, 2023 U.S. Non-U.S. U.S. Non-U.S.Prior service cost$— $(8)$— $(11)Actuarial losses(2,671)(4,836)(53,684)(11,714)The Company uses the corridor approach when amortizing actuarial gains or losses. Under the corridor approach, net unrecognized actuarial losses in excess of