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NACCO Industries Introduces New Retirement Plan for Employees
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NACCO Industries Introduces New Retirement Plan for Employees

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The latest announcement is out from NACCO Industries ( (NC) ).

NACCO Industries’ Compensation and Human Capital Committee has approved the adoption of the NACCO Natural Resources Corporation Excess Retirement Plan, effective January 1, 2025. This plan replaces the prior retirement plan and offers similar benefits to eligible employees, including excess 401(k), matching, and profit-sharing benefits. A notable change in the new plan is the inclusion of short-term incentive payments in the definition of compensation, potentially enhancing the retirement benefits for highly compensated employees.

More about NACCO Industries

NACCO Industries operates in the natural resources sector, providing services and products related to coal and other natural resources. The company focuses on offering retirement benefits and other compensation solutions to its employees.

YTD Price Performance: -15.09%

Average Trading Volume: 14,590

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $219.7M

For an in-depth examination of NC stock, go to TipRanks’ Stock Analysis page.

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