Dividing Contributions
401(k) plans typically consist of two primary types of funds:
- Employee contributions: These are fully vested and belong to the employee (participant) right away.
- Employer contributions (matches or profit sharing): These are typically subject to a vesting schedule. If the employee has not worked at the company long enough, some or all of these employer contributions may be forfeitable.
When preparing the QDRO, we must determine whether the order will include employer contributions and whether those contributions are vested or subject to forfeiture. The plan administrator of the Menin Hotels LLC 401(k) Plan should be able to provide a vesting report upon request.

