Sorry, I thought this was to mount an old (but good?) chuck on. Ergo since this backplate would affect more or less everything you hold, it was worth doing really really properly.
If all you want to do is drive a dog – for Gods sake – buy the cheapest backplate you can – forget milling much. Just bolt a broad strip of steel to it with slot pre milled. Add a balance weight, and away you go. (That way you can bolt any driver onto it you want, and most drivers are either a cranked dog (modified) to fit slot, or a locked up bolt MIG/soft wired to dog)
Lord above, just to buy the chunk of steel you need to do this as a blank is going to cost as much as the whole shebang could be done for – take several evenings too. Actually its no more than an hours work- unless you want to make it so – and that includes a coffee stop.
If you REALLY want a plate in this application, buy a backplate, bolt the disc to it,(to bring the front face forward) turn the inside hole, skim OD & repair to house for well earned coffee before setting up on rotary table for slots. (and thats if you don’t want to buy a smaller faceplate which are freely available)
But again, considering how rarely we do turn between centres (unless you have a particular project in mind) why bother? 3-4 jobs a year, (some of which can be held in a 4 jaw at one end) just use the faceplate, save the cash and time?