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Employee Pension Plans
 3 Months Ended
Mar. 31, 2025
Retirement Benefits [Abstract]  
Employee Pension Plans Employee Pension Plans
The Company has a defined benefit pension plan and an unfunded supplemental retirement plan. Effective June 1, 2004, all benefit accruals under these plans were frozen; however, the current vested benefit was preserved. The pension disclosure presented below includes aggregated amounts for both of the Company’s plans.
The following table sets forth a summary of the net periodic benefit cost for the three months ended March 31, 2025 and 2024:
Three Months Ended March 31,
(in thousands)20252024
Interest cost$933 $911 
Service cost170 231 
Expected return on plan assets(902)(944)
Recognized net actuarial losses414 437 
Net periodic benefit cost$615 $635 
The Company contributed $0.7 million to its defined benefit pension plan during both the three months ended March 31, 2025 and 2024, and expects to contribute an additional $1.7 million in cash by the end of 2025.