---
schema_version: "secwatch.filing_event.v1"
accession: "0000789933-24-000060"
form_type: "8-K"
ticker: "NC"
cik: "0000789933"
company_name: "NACCO INDUSTRIES INC"
filed_at: "2024-12-17T23:59:59+00:00"
generated_at: "2026-05-29T02:39:12.490593+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# NACCO Industries adopts new excess retirement plan effective Jan 2025; expands compensation definition

## Summary
- Compensation Committee approved NACCO Natural Resources Excess Retirement Plan, effective Jan 1, 2025.
- Excess 401(k), matching, and profit-sharing benefits restored for highly compensated employees affected by IRS limits.
- New plan includes short-term incentive payments (bonuses) in compensation definition, a change from prior plan.
- Eligibility requires Hay salary grade 25/NA Coal 13 or above and total compensation at least $140,000.
- Benefits paid as single lump sum on March 15 following the plan year; no trust, assets subject to creditors.

## SEC filing metadata
- accession: 0000789933-24-000060
- form_type: 8-K
- ticker: NC
- cik: 0000789933
- company_name: NACCO INDUSTRIES INC
- filed_at: 2024-12-17T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/789933/000078993324000060/0000789933-24-000060-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/789933/000078993324000060/nacco-20241213.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000789933-24-000060
- JSON: https://secwatch.observer/filing/0000789933-24-000060.json
- Plain text: https://secwatch.observer/filing/0000789933-24-000060.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.