PNC Financial Services Defined Contribution Plan, eligible compensation for deferral in absence of election otherwise (percent) remained flat by 0.0% to 1.5% in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 50.0%, from 1.0% to 1.5%. Over 4 years (FY 2021 to FY 2025), Defined Contribution Plan, eligible compensation for deferral in absence of election otherwise (percent) shows an upward trend with a 10.7% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Higher default rates generally signal a stronger commitment to employee retirement readiness, though they may influence total compensation costs.
The default percentage of eligible compensation that employees contribute to a defined contribution plan (such as a 401(...
Benchmarkable against industry standards for automatic enrollment and retirement benefit competitiveness.
other_defined_contribution_plan_standard_enrollment_rate_ac415e| FY'21 | FY'22 | FY'23 | FY'24 | FY'25 | |
|---|---|---|---|---|---|
| Value | 4% | 4% | 4% | 4% | 6% |
| YoY Change | — | +0.0% | +0.0% | +0.0% | +50.0% |