Introduction
When a couple goes through a divorce, retirement accounts like 401(k) plans often become one of the most valuable—and contentious—assets to divide. If either spouse has an account under the Kalman & Company, Inc.. Employees Savings & Trust, a qualified domestic relations order (QDRO) is not just a helpful tool—it’s an absolute must.
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 next steps—we handle the drafting, preapproval process if applicable, court filing, plan submission, and follow-up. That’s what sets us apart from other firms that leave you holding the paperwork.
This article explains how QDROs impact the division of the Kalman & Company, Inc.. Employees Savings & Trust during divorce and what spouses need to know to protect their rights and avoid common mistakes.
Plan-Specific Details for the Kalman & Company, Inc.. Employees Savings & Trust
Before jumping into how the QDRO process works, here are the known details about this specific retirement plan:
- Plan Name: Kalman & Company, Inc.. Employees Savings & Trust
- Sponsor: Kalman & company, Inc.. employees savings & trust
- Plan Address: 2901 S LYNNHAVEN RD STE 340
- Plan Type: 401(k)
- Industry: General Business
- Organization Type: Corporation
- Effective Date: 1997-01-01
- Status: Active
- EIN: Unknown (you’ll need to request this from the plan administrator)
- Plan Number: Unknown (also must be confirmed by the administrator)
Having the EIN and plan number is important for drafting a valid QDRO. If you don’t have them, your attorney or QDRO specialist can obtain them directly from the plan administrator.
What Is a QDRO?
A QDRO, short for Qualified Domestic Relations Order, is a special court order that allows retirement benefits from plans like the Kalman & Company, Inc.. Employees Savings & Trust to be legally split between a participant (the employee) and an alternate payee (usually the former spouse) following a divorce. Without a QDRO, the plan legally cannot pay benefits to the non-employee spouse.
Key QDRO Considerations Specific to 401(k) Plans
As a 401(k) plan, the Kalman & Company, Inc.. Employees Savings & Trust presents several attributes that require special attention during QDRO drafting. Here are the most important factors to address:
1. Dividing Employee and Employer Contributions
401(k) accounts often have separate balances for employee contributions and employer matches. With this plan, the employee’s salary deferrals are fully vested, while match and profit-sharing contributions may be subject to a vesting schedule (see below).
Your QDRO must clearly state whether the alternate payee is to receive a share of only the vested account balance or a proportion of all contributions, including those that become vested in the future.
2. Vesting Schedules and Forfeiture Risk
If employer contributions are not fully vested at the time of divorce, part of the account might be off-limits. The plan’s vesting schedule will determine what portion of employer contributions the employee actually owns. The alternate payee can only receive a share of the vested portion.
Be cautious: if you divide the entire balance without accounting for vesting, the alternate payee might end up with less than expected—or the QDRO could be rejected.
3. Existing Loan Balances
Many 401(k) plans, including potentially the Kalman & Company, Inc.. Employees Savings & Trust, allow participants to take loans against their balance. If a participant has an outstanding loan, it reduces the real account value.
A good QDRO will specify whether the loan balance is included in the account total before the division or excluded from the marital portion. Otherwise, you risk a dispute or miscalculation.
4. Roth vs. Traditional Contributions
401(k) plans like this one sometimes include both traditional (pre-tax) and Roth (after-tax) contributions. A well-drafted QDRO must define whether the alternate payee will receive a proportional split of both types or only one part.
Because pre-tax and Roth funds have different income tax implications down the road, you should ask the plan administrator to break out the sources before finalizing the division.
Common Mistakes to Avoid
Dividing a 401(k) like the Kalman & Company, Inc.. Employees Savings & Trust can get complex quickly. Check out our article on common QDRO mistakes, but here are a few key errors to watch for:
- Failing to account for loans or unvested funds
- Using generic language not tailored to 401(k) specifics
- Not specifying valuation date (e.g., divorce date vs. account division date)
- Overlooking Roth vs. traditional fund divisions
These oversights can delay approval, reduce payouts—or worse, result in a full denial by the plan administrator.
What to Include in Your QDRO for this Plan
While each QDRO needs to be customized based on your divorce agreement, a QDRO for the Kalman & Company, Inc.. Employees Savings & Trust should include:
- Plan name and (confirmed) plan number and EIN
- Name and address of both parties
- Clear identification of the plan sponsor: Kalman & company, Inc.. employees savings & trust
- Account division method (percentage, flat dollar, or formula)
- Cutoff date for account division (e.g., date of divorce, separation, or another agreed date)
- Treatment of outstanding loan balances
- Breakdown between Roth and traditional account types
How Long Does the QDRO Process Take?
Good question—we’ve actually written a full guide on the timeline for QDRO processing. But the short version? It depends on the plan’s review procedures, court processing speed, and how specific your initial agreement is. Our team at PeacockQDROs handles everything so there are no surprises—and quicker approvals.
Why Work with PeacockQDROs?
At PeacockQDROs, we specialize in getting QDROs done the right way—from beginning to end. Our team handles:
- Reviewing your divorce judgment
- Gathering necessary plan documents
- Drafting a QDRO tailored to 401(k) plan rules
- Managing court filing and obtaining judge’s signature
- Working directly with the plan administrator for approval
We maintain near-perfect reviews because we focus on quality, thoroughness, and follow-through. If you have a 401(k) with the Kalman & Company, Inc.. Employees Savings & Trust, we can guide you from confusion to completion. Start by browsing our QDRO resources or contacting us directly.
Final Thoughts
The Kalman & Company, Inc.. Employees Savings & Trust is a retirement plan that may involve employer matches, vesting, and more nuanced elements like Roth accounts. That’s why it takes more than just template language—a successful QDRO must address each technical detail.
Trying to split a 401(k) without a QDRO, or using one not tailored to the specific rules of the Kalman & Company, Inc.. Employees Savings & Trust, risks delay, rejection, or permanent forfeiture of benefits. Don’t take that chance. Let us help you get this done the right way.
Need Help? Contact Us Today
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 Kalman & Company, Inc.. Employees Savings & Trust, 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.