The plan-weighted participation rate measure calculates the average of rates among a group of plans. All plan sizes are included in this view. The chart shows participation rates for defined contribution plans in each industry sector, categorized by plan type and size for 2023. The x-axis shows the participation rate, and the y-axis shows the sector. Within each sector, plans of different sizes are compared with a Vanguard benchmark of 85%. Ambulatory and health care: Plans with more than 250 participants had a participation rate of 78%. Plans with less than 250 participants had a participation rate of 79%. Both were below the Vanguard benchmark. Architecture & engineering: Plans with more than 500 participants had a participation rate of 89%. Plans with less than 500 participants had a participation rate of 90%. Both were above the Vanguard benchmark. Construction: Plans with less than 500 participants had a participation rate of 72%. Plans with more than 500 participants had a participation rate of 81%. Both were below the Vanguard benchmark. Finance: Plans with less than 500 participants had a participation rate of 81%, falling below the Vanguard benchmark. Plans with more than 500 participants had a participation rate of 89%, above the Vanguard benchmark. Information: Plans with less than 1,000 participants had a participation rate of 84%, falling below the Vanguard benchmark. Plans with more than 1,000 participants had a participation rate of 85%, matching the Vanguard benchmark. Insurance: Plans with less than 1,000 participants had a participation rate of 94%. Plans with more than 1,000 participants also had a participation rate of 94%. Both were above the Vanguard benchmark. Legal: Plans with less than 250 participants had a participation rate of 78%, falling below the Vanguard benchmark. Plans with more than 250 participants had a participation rate of 86%, above the Vanguard benchmark. Manufacturing: Plans with less than 1,000 participants had a participation rate of 81%, falling below the Vanguard benchmark. Plans with more than 1,000 participants had a participation rate of 90%, above the Vanguard benchmark. Mining, quarrying, oil & gas: Plans with less than 1,000 participants had a participation rate of 85%, matching the Vanguard benchmark. Plans with more than 1,000 participants had a participation rate of 95%, above the Vanguard benchmark. Professional, scientific & tech.: Plans with more than 500 participants had a participation rate of 89%. Plans with less than 500 participants had a participation rate of 90%. Both were above the Vanguard benchmark. Retail trade: Plans with more than 1,000 participants had a participation rate of 70%. Plans with less than 1,000 participants had a participation rate of 78%. Both were below the Vanguard benchmark. Technology: Plans with less than 1,000 participants had a participation rate of 89%. Plans with more than 1,000 participants had a participation rate of 90%. Both were above the Vanguard benchmark. Transportation & warehousing: Plans with less than 1,000 participants had a participation rate of 80%. Plans with more than 1,000 participants had a participation rate of 81%. Both were below the Vanguard benchmark. Unions: Plans with less than 500 participants had a participation rate of 69%. Plans with more than 500 participants had a participation rate of 74%. Both were below the Vanguard benchmark. Utilities: Plans with more than 1,000 participants had a participation rate of 93%. Plans with less than 1,000 participants had a participation rate of 94%. Both were above the Vanguard benchmark. Wholesale trade: Plans with less than 500 participants had a participation rate of 76%. Plans with more than 500 participants had a participation rate of 82%. Both were below the Vanguard benchmark.