The plan-weighted participation rate measure calculates the average of rates among a group of plans. Plans with less than 500 participants and those with more than 500 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%. 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. 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. 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. 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.