Understanding the Rpm International Inc.. Union 401(k) Trust and Plan in Divorce
Dividing retirement assets during divorce isn’t just about who gets what—it’s about how, when, and under what terms. If your or your spouse’s retirement account includes the Rpm International Inc.. Union 401(k) Trust and Plan, you’ll need a Qualified Domestic Relations Order (QDRO) to ensure proper division. A QDRO allows the plan administrator to split the 401(k) account between spouses without triggering early withdrawal penalties or taxes. But not all QDROs are created equal, particularly when you’re dealing with unique employer-sponsored plans like this one.
Plan-Specific Details for the Rpm International Inc.. Union 401(k) Trust and Plan
Before drafting a QDRO, you need to understand the plan itself. Here’s what we know about the Rpm International Inc.. Union 401(k) Trust and Plan:
- Plan Name: Rpm International Inc.. Union 401(k) Trust and Plan
- Sponsor: Rpm international Inc.. union 401(k) trust and plan
- Address: 2628 PEARL RD.
- Plan Type: 401(k)
- Organization Type: Corporation
- Industry: General Business
- Status: Active
- Effective Date: Unknown
- Plan Year: Unknown to Unknown
- Number of Participants: Unknown
- EIN: Unknown
- Plan Number: Unknown
Because some key identifiers like EIN and Plan Number are currently unknown, we highly recommend obtaining the most recent plan statement, SPDs (Summary Plan Description), or contacting the plan administrator to gather required technical information before submission—all steps we’re prepared to handle for you here at PeacockQDROs.
Why QDROs Are Required for 401(k) Plans
A QDRO is a court order that tells the plan administrator how to divide retirement benefits between divorcing spouses. Without a QDRO, the plan administrator for the Rpm International Inc.. Union 401(k) Trust and Plan can’t legally honor a divorce settlement agreement, no matter how detailed it is. That means one spouse could lose their rightful share—unless the QDRO is done properly and completely processed.
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.
Key 401(k) Concepts to Understand When Dividing This Plan
Employee and Employer Contributions
The Rpm International Inc.. Union 401(k) Trust and Plan likely includes both employee and employer contributions. While employee contributions are fully vested and available for division, employer contributions may be subject to a vesting schedule. This means your spouse may not be entitled to unvested employer funds depending on when the divorce occurred relative to employment years.
In QDRO drafting, we often specify that only vested balances are subject to division unless otherwise negotiated. You’ll want to request the vesting schedule for this plan—or have us handle it—to avoid dividing funds the participant doesn’t truly own yet.
Vesting Schedules and Forfeitures
If the plan follows a standard graded or cliff vesting structure, some employer contributions may not be fully available for division. If those funds are later forfeited, the alternate payee won’t receive them. That’s why we sometimes include language in the QDRO to indicate division of only “vested” portions as of a specific date to protect all parties involved.
Loan Balances and Their Impact
Many 401(k) plans, including the Rpm International Inc.. Union 401(k) Trust and Plan, permit participants to take loans from their accounts. If a loan is outstanding at the time of division, the QDRO must clearly state how that will be handled.
- Will the loan reduce the total account balance used for calculation?
- Is the spouse (alternate payee) bearing part of the loan responsibility?
- How will future repayments affect the distribution?
Failing to address these issues can lead to confusion and disputes. We pay close attention to these details to protect both the participant and the alternate payee.
Roth vs. Traditional Balances
This plan may include both traditional pre-tax contributions and post-tax Roth 401(k) contributions. These account types are treated differently for tax purposes, and should be addressed accordingly in the QDRO.
- Traditional 401(k): Distributions to the alternate payee will generally be taxed as ordinary income.
- Roth 401(k): Qualified distributions to the alternate payee may be tax-free—but only if IRS criteria are met.
When dividing the Rpm International Inc.. Union 401(k) Trust and Plan, the QDRO should clearly segregate Roth and traditional funds. That avoids surprise tax liabilities down the road.
Checklist for Dividing the Rpm International Inc.. Union 401(k) Trust and Plan
Here’s what you or your attorney will need to properly draft and process a QDRO for this plan:
- Participant’s full legal name and Social Security Number
- Alternate payee’s full legal name and Social Security Number
- Exact plan name: Rpm International Inc.. Union 401(k) Trust and Plan
- Plan sponsor name: Rpm international Inc.. union 401(k) trust and plan
- The amount or percentage of benefits assigned to the alternate payee
- Vesting schedule and account balances (including Roth/traditional designations)
- Loan balances and terms
- Preferred valuation date, usually the date of divorce withholding entry
Wondering what could go wrong? Check out our breakdown of common QDRO mistakes to avoid.
How Long Does This All Take?
Timelines vary depending on your court and plan administrator, but most QDROs take weeks to months—not days. Learn about the five key factors that affect QDRO timelines so you can better plan ahead.
Let PeacockQDROs Handle It the Right Way
At PeacockQDROs, we make sure every QDRO meets both court and plan requirements—which is especially important when dividing complex plans like the Rpm International Inc.. Union 401(k) Trust and Plan. We maintain near-perfect reviews and pride ourselves on a track record of doing things the right way.
We’ll draft the QDRO, submit for preapproval if the plan allows, file it with the court, and ensure final approval and implementation with the plan administrator. You don’t have to worry about follow-up, rejections, or payment confusion—we do it all.
Visit our QDRO information page or contact us directly for personal support.
Final Thoughts
Dividing a 401(k) plan like the Rpm International Inc.. Union 401(k) Trust and Plan is not something to leave to chance. Between employer contributions, vesting rules, loan accounts, and Roth balances—it deserves careful attention. A sloppy or incomplete QDRO could cost you thousands or lead to legal headaches down the line.
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 Rpm International Inc.. Union 401(k) Trust and 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.