Thats exactly what I do on my sump drain plug and others.
SUMP DRAIN
Use 3/32 x 1-1/8 ID O ring for sump plug with aluminum spacer that goes around the o ring and is about .010” shorter than oring. This way you can tighten down without damaging the Oring (use viton).
Fork drains with outer brass spacers to prevent crushing the Orings. Make a brass washer with .4” OD x .312” Id x .050’ thick. Install an Oring with 3/16” ID x 5/16 OD x 1/16” thick.
To prevent leaks at the fork damper bottom bolts. Open the ID of the fiber washer that locates at the bottom of the damper tube to .655″ Place a 5/8” OD x ½” ID x 1/16” Oring on the bottom of the damper tube. Install the fiber washer in the slider to avoid crushing the Oring.
Another option is a Nylon sump drain washer (I haven't tried one - anyone have any reliability feedback?)