---
schema_version: "secwatch.filing_event.v1"
accession: "0000789933-25-000017"
form_type: "8-K"
ticker: "NC"
cik: "0000789933"
company_name: "NACCO INDUSTRIES INC"
filed_at: "2025-04-28T23:59:59+00:00"
generated_at: "2026-05-23T05:23:49.860286+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# NACCO Industries subsidiary terminates frozen pension plan; executive's $469K benefit to be distributed

## Summary
- Coteau Properties Pension Plan terminates June 30, 2025; assets distributed to participants.
- Carroll L. Dewing, SVP & COO, is a participant; his frozen benefit has actuarial value of $469,300.
- Benefit frozen since Dec 31, 2004; no new benefits arise from termination.
- Mr. Dewing 100% vested; may elect lump-sum distribution.

## SEC filing metadata
- accession: 0000789933-25-000017
- form_type: 8-K
- ticker: NC
- cik: 0000789933
- company_name: NACCO INDUSTRIES INC
- filed_at: 2025-04-28T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/789933/000078993325000017/0000789933-25-000017-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/789933/000078993325000017/nacco-20250422.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000789933-25-000017
- JSON: https://secwatch.observer/filing/0000789933-25-000017.json
- Plain text: https://secwatch.observer/filing/0000789933-25-000017.txt

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