The plan-weighted participation rate measure calculates the average of rates among a group of plans. Plans with less than 250 participants and those with more than 250 participants are each included in this view. The chart shows participation rates for defined contribution plans in the 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. 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.