Introduction
Dividing retirement plans like the Forever Living Products International, LLC Profit Sharing & 401(k) Plan in a divorce isn’t as simple as splitting up a savings account. It requires a detailed legal process called a Qualified Domestic Relations Order (QDRO). This process ensures the non-employee spouse—the “alternate payee”—receives their fair share of the retirement benefits, while the division remains compliant with federal law and the plan’s rules.
This article walks you through exactly how the QDRO process works for this specific plan and what divorcing couples need to think about before drafting or submitting their order. At PeacockQDROs, we help families get these orders right the first time, handling every step from drafting to final disbursement, not just the legal paperwork.
Plan-Specific Details for the Forever Living Products International, LLC Profit Sharing & 401(k) Plan
Understanding the particular features of this retirement benefit is critical to creating an enforceable and accurate QDRO. Here are the key details available:
- Plan Name: Forever Living Products International, LLC Profit Sharing & 401(k) Plan
- Sponsor: Forever living products international, LLC profit sharing & 401k plan
- Plan Type: 401(k) with profit-sharing component
- Organization Type: Business Entity
- Industry: General Business
- Address: 7501 E. MCCORMICK PARKWAY
- Plan Year: Unknown
- Effective Date: Unknown
- EIN and Plan Number: Must be requested from plan sponsor or located in plan documents for QDRO processing
- Status: Active
- Total Participants: Unknown
- Assets Under Management: Unknown
Because it’s a 401(k) plan from a business entity operating in the general business sector, the QDRO must comply with ERISA rules and the specific administrative processes of this plan administrator. Missing any step can delay or invalidate your claim.
Understanding How QDROs Work for the Forever Living Products International, LLC Profit Sharing & 401(k) Plan
A QDRO is a court order that splits a retirement account such as the Forever Living Products International, LLC Profit Sharing & 401(k) Plan between divorcing spouses. It must be approved both by the judge handling the divorce and the plan administrator before funds are transferred or split.
What Can Be Divided?
With this plan, the QDRO can divide both:
- Employee contributions (traditional and Roth)
- Employer contributions (if vested)
The division can also include investment gains and losses from the separation date to the date of distribution. It’s essential to clearly define this in your QDRO to avoid disputes later.
Key Factors for Dividing a 401(k) Plan in Divorce
Employee and Employer Contribution Division
Most 401(k) plans—including the Forever Living Products International, LLC Profit Sharing & 401(k) Plan—track employee and employer contributions separately. Contributions made by the employee are always 100% theirs, but employer contributions usually depend on a vesting schedule.
This means unvested amounts may not be included in the division. Your QDRO should state clearly whether the alternate payee gets only vested balances or a portion of future vested contributions tied to the marriage period.
Vesting Schedules
If the employee spouse has not met full vesting requirements, some of the employer contributions may be forfeited upon separation. The QDRO must recognize that only vested employer dollars can be awarded to the alternate payee. We often work with clients to obtain the vesting schedule specific to this plan as part of our process.
Loan Balances
Does the plan participant have an outstanding 401(k) loan? That affects the account’s net value. Some plans reduce the divisible balance by the outstanding loan; others leave the loan with the employee spouse and divide the rest. Your QDRO needs to spell out how to handle this. Omitting this can delay approval or reduce your share unexpectedly.
Roth vs. Traditional Account Handling
This plan may allow both Roth and traditional (pre-tax) contributions. Each account type receives different tax treatment:
- Roth 401(k): Contributions are post-tax, and withdrawals are tax-free if conditions are met.
- Traditional 401(k): Contributions are pre-tax, and withdrawals are taxed as ordinary income.
Your QDRO must separate these types of accounts to avoid triggering an unintended tax consequence. We always identify account types before drafting the QDRO to ensure clarity and accuracy.
What the Plan Administrator Needs
Since the EIN and plan number are currently unknown, you or your attorney will need to request the Summary Plan Description (SPD) or a benefits statement. Most plan administrators require the following to begin review:
- Participant’s full name and Social Security number
- Alternate payee’s full name and Social Security number
- Divorce judgment or marital settlement agreement
- Draft QDRO for pre-approval (if allowed by the plan)
This is where many people get stuck. At PeacockQDROs, we don’t just draft the order—we also contact the administrator, request their requirements, and handle communication all the way until approval and processing are complete.
Common Mistakes to Avoid
We see the same errors over and over when people use generic templates or bargain QDRO services:
- Failing to address loan balances
- Omitting account types (Roth vs. traditional)
- Assuming all employer contributions are vested
- Not using the correct plan name (must be “Forever Living Products International, LLC Profit Sharing & 401(k) Plan”)
To see more issues like this, check out our page on common QDRO mistakes.
How Long Does It Take?
Every QDRO is different, but five factors impact how long it takes to complete the process:
- Whether the plan administrator allows pre-approval
- The completeness of the information provided
- Processing speed of the court system
- Plan administrator backlog or responsiveness
- Cooperation between both spouses
We cover all of these in our guide: five factors that determine QDRO timing.
Why Work with PeacockQDROs?
At PeacockQDROs, we’ve completed thousands of QDROs from start to finish. That means we don’t just draft the order and leave you to figure out the rest. We handle the drafting, preapproval (if applicable), court filing, submission, and follow-up with the plan administrator. That’s what sets us apart from firms that only prepare the document and hand it off to you.
We maintain near-perfect reviews and pride ourselves on a track record of doing things the right way. If you’re dividing the Forever Living Products International, LLC Profit Sharing & 401(k) Plan, you want experience on your side.
Start with our main resources page on QDROs: QDRO Help Center
Conclusion: Taking the Right Next Step
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 Forever Living Products International, LLC Profit Sharing & 401(k) Plan, contact PeacockQDROs. We specialize in QDROs and have successfully processed thousands of orders from start to finish.
Get the answers you need—explore our QDRO resources or reach out for personalized help if you’re in one of our service states.