Divorce and the Lucky Clover Packaging LLC 401(k) P/s Plan: Understanding Your QDRO Options

Dividing retirement accounts can be one of the trickiest parts of a divorce—especially when it comes to employer-sponsored plans like the Lucky Clover Packaging LLC 401(k) P/s Plan. Whether you’re the employee participant or the non-employee spouse, you’ll need a Qualified Domestic Relations Order (QDRO) to secure your legal rights to all or part of the plan benefits. A mistake here could delay or derail your financial settlement.

At PeacockQDROs, we’ve completed many QDROs from start to finish. That means we don’t just write the order—we also handle preapproval (if offered), court filing, submission to the plan administrator, and follow-up. That’s what sets us apart from firms that hand you a document and wish you luck. If you’re facing divorce and this plan is part of your joint assets, this guide will give you a clear path forward.

Here’s what we know as of the most recent reporting:

• Plan Name: Lucky Clover Packaging LLC 401(k) P/s Plan
• Sponsor Name: Lucky clover packaging LLC 401(k) p/s plan
• Address: 4751 Vandenberg Drive North
• Plan Dates: Established July 1, 2015, Current plan year runs from Jan 1, 2024 through Dec 31, 2024
• Industry: General Business
• Organization Type: Business Entity
• EIN: Unknown
• Plan Number: Unknown
• Status: Active

Because the EIN and Plan Number are currently unknown, these will need to be confirmed before the QDRO is submitted—your attorney or QDRO preparer should obtain this from plan documents, benefit statements, or by calling the plan administrator directly.

A QDRO is the legal document required to divide retirement benefits in a divorce. It authorizes the plan administrator of the Lucky Clover Packaging LLC 401(k) P/s Plan to pay a portion of the employee’s account to an alternate payee, usually a former spouse.

Key Requirements in a QDRO

Your QDRO for the Lucky Clover Packaging LLC 401(k) P/s Plan must include essential details like:

• Names and addresses of both spouses
• The correct plan name (exactly: Lucky Clover Packaging LLC 401(k) P/s Plan)
• The amount or percentage of the plan to be awarded
• The method of division (e.g., percentage or flat dollar amount)
• Timing of the valuation (such as date of divorce or another agreed date)

Here are a few mistakes we see frequently when people try to handle QDROs without guidance:

• Failing to specify valuation dates clearly
• Not addressing outstanding loan balances
• Using incorrect plan names or sponsors (must be: Lucky Clover Packaging LLC 401(k) P/s Plan and Lucky clover packaging LLC 401(k) p/s plan)
• Ignoring vesting and forfeiture schedules on employer contributions
• Incorrect tax handling of Roth vs. traditional funds

For more mistakes to watch out for, check out our article onCommon QDRO Mistakes.

Once the QDRO is properly drafted, it must be

• Pre-approved by the plan administrator (if allowed)
• Signed by both parties
• Submitted to the appropriate family court
• Entered as a court order
• Sent to the plan administrator for final implementation

This is an involved process, and any missed step could result in long delays. That’s why at PeacockQDROs, we take the entire process off your hands from start to finish—including chasing down missing info and working directly with HR when needed.

If you’re wondering how long this process takes, see our article:5 Factors That Determine How Long It Takes to Get a QDRO Done.

We maintain near-perfect reviews and pride ourselves on a track record of doing things the right way. When you work with PeacockQDROs, you won’t be left alone with confusing plan documents or ignored by administrators. We take care of:

• Drafting the QDRO accurately to plan specs
• Obtaining pre-approval from the Lucky Clover Packaging LLC 401(k) P/s Plan if available
• Filing the QDRO with the court
• Delivering it to the plan administrator with any required forms
• Following up to confirm implementation and making sure it’s done right

You canlearn more about our QDRO process here orcontact us directly if you have questions.

When initiating your QDRO, make sure you gather these pieces of information for the Lucky Clover Packaging LLC 401(k) P/s Plan:

• Recent plan statements
• Plan summary description or SPD
• Participant loan documentation (if applicable)
• Confirmation of Roth/traditional account types
• Vesting schedule from the plan administrator
• Official plan name and sponsor: Lucky Clover Packaging LLC 401(k) P/s Plan, sponsored by Lucky clover packaging LLC 401(k) p/s plan
• Employer’s EIN and plan number (if unavailable, request from HR)

Splitting retirement assets like those in the Lucky Clover Packaging LLC 401(k) P/s Plan takes knowledge, attention to detail, and access to plan-specific information. Whether you’re the plan participant or the alternate payee, this isn’t something you should try to do on your own. With so many financial and legal risks involved, expert guidance can save you time, money—and mistakes.

If your divorce was in California, New York, New Jersey, Connecticut, Kansas, Missouri, Iowa, or North Dakota, and you have questions about qualified domestic relations orders or dividing retirement assets like the Lucky Clover Packaging LLC 401(k) P/s Plan, contact PeacockQDROs. We focus on QDROs and have successfully processed many orders from start to finish.

Get the answers you need—explore ourQDRO resources orreach out for personalized help if you’re in one of our service states.