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Form 5500 · Employee benefit plan · GAITHERSBURG, MD

NOVAVAX, INC.

The filing calls this plan NOVAVAX, INC. EMPLOYEE BENEFIT PLAN.

Public Form 5500 records show how NOVAVAX, INC. of GAITHERSBURG, MD, a health care and social assistance employer, structures its employee benefits. Its broker of record is GALLAGHER BENEFIT SERVICES, INC.. Coverage is written through CIGNA HEALTH AND LIFE INSURANCE COMPANY and 4 other carriers. The plan's most recent policy period ended in December.

Benefits broker of record
Policy year ends
Decemberas filed for plan year 2025

Sourced from U.S. DOL EFAST2 Form 5500 · EIN 22-2816046 · plan 501 · plan year 2025, filed Jan 5, 2026

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776 other employer plans in Maryland have policy years ending in December. See the full list on the renewal calendar, or ask for it in Claude or ChatGPT.

How this plan is funded

Fully insured as reported

The filing reports medical coverage through an insurance contract on Schedule A, and no money paid for benefits by the plan itself.

All participants at the start of the year
857
Active at start of year
857
Active at end of year
668
Disclosed commissions
$14,183
Typical renewal
January 1

Benefits declared on this filing

Healthinsured — CIGNA HEALTH AND LIFE INSURANCE COMPANY619 of 857 participants (72%) on the largest contract
Dentalinsured — DELTA DENTAL OF PENNSYLVANIA1,536 of 857 participants on the largest contract
Visioninsured — EYEMED VISION CARE ON BEHALF OF FIDELITY SECURITY LIFE INSURANCE CO.1,491 of 857 participants
Lifeinsured — PRUDENTIAL INSURANCE COMPANY OF AMERICA680 of 857 participants (79%)
Disabilityinsured — PRUDENTIAL INSURANCE COMPANY OF AMERICA680 of 857 participants (79%)

Also declared: death benefits, other welfare.

Declared benefits are the plan’s own line 8b codes on Form 5500. “Not on Schedule A” means no insured contract for that line appears on this filing. That usually means the benefit is self-funded, or it sits under a different plan number.

Where a line has more than one insured contract, the carrier and the covered figure are the largest contract's by premium. The contracts are not added up: a pharmacy carve-out and the medical carrier beside it cover the same people.

Persons covered is the count the carrier filed for that policy at the end of its policy year, and it can include dependents. Participants is the plan's own count at the start of its plan year. The two count different people, so a covered figure can be larger.

Plan brief

Schedule A lists 6 insured contracts covering health, dental, vision, life and disability; the largest, with CIGNA HEALTH AND LIFE INSURANCE COMPANY, covers 619 people.

Reported premium across the insured contracts is $13,737,011, with $14,183 in disclosed broker commissions — about 0.1% of premium.

The health contract's policy period ended in December, while at least one ancillary line's policy period ended in June. The plan is on a split renewal cycle.

GALLAGHER BENEFIT SERVICES, INC. is the broker of record on 1 of the 6 contracts; the rest name a different broker or none.

5 carriers appear on the filing, including CIGNA HEALTH AND LIFE INSURANCE COMPANY, DELTA DENTAL OF PENNSYLVANIA, PRUDENTIAL INSURANCE COMPANY OF AMERICA and EYEMED VISION CARE ON BEHALF OF FIDELITY SECURITY LIFE INSURANCE CO.. CIGNA HEALTH AND LIFE INSURANCE COMPANY writes the largest contract by premium.

Schedule A insurance contracts

CarrierBenefitsCoveredRenewsPremiumCommission
PRUDENTIAL INSURANCE COMPANY OF AMERICALife, Disability680Jul 1, 2025$753,951$14,011
CIGNA HEALTH AND LIFE INSURANCE COMPANYHealth, Dental2Jan 1, 2025$1,145$172
CIGNA HEALTH AND LIFE INSURANCE COMPANYHealth619Jul 1, 2025$12,107,387$0
DELTA DENTAL OF PENNSYLVANIADental1,536Jul 1, 2025$781,710$0
EYEMED VISION CARE ON BEHALF OF FIDELITY SECURITY LIFE INSURANCE CO.Vision1,491Jul 1, 2025$72,673$0
WORKPLACE OPTIONS—621Jul 1, 2025$20,145$0

Covered = persons covered at policy year end, as filed on Schedule A for that policy — often certificates or one class, not the whole plan. Premium = the filing’s own premium/charges figure; “—” means not credibly reported.

See the filing at the Department of Labor

Administrator and service providers

Plan administrator on the filing
NOVAVAX, INC.
EIN 22-2816046

The plan administrator is from line 3a of the main form. We publish company names only.

Reported to OSHA

Reported to OSHA for 2025: 747 employees, 3 recordable cases, 0 days away from work.

EmployeesThe company's own average for the year
747
Hours worked
1,374,480
Recordable cases
3
Days away from work
0
Establishments filed under this EIN
2

Source: OSHA Injury Tracking Application establishment data, 2025.

Other plans filed by this employer

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Renewal calendar

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