Understanding the Us Lawns of Charlotte 401(k) Plan in Divorce
Dividing a retirement account during a divorce can be one of the most difficult financial matters to handle—especially when the account is a 401(k) with multiple contribution types, loan balances, or vesting schedules. If you or your spouse has a retirement account under the Us Lawns of Charlotte 401(k) Plan, the division must be done correctly, and that usually means getting a Qualified Domestic Relations Order (QDRO).
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.
Plan-Specific Details for the Us Lawns of Charlotte 401(k) Plan
If your divorce involves retirement assets tied to the Us Lawns of Charlotte 401(k) Plan, you need to understand the plan’s specifics. Here’s what is known about this particular 401(k):
- Plan Name: Us Lawns of Charlotte 401(k) Plan
- Sponsor: North charlotte landscape management, Inc.
- Address: 20250428074710NAL0007914579001, effective as of January 1, 2024
- EIN: Unknown (You will need this to complete the QDRO; the plan administrator should provide it.)
- Plan Number: Unknown (Also required during QDRO drafting and filing.)
- Industry: General Business
- Organization Type: Corporation
- Participants: Unknown
- Plan Year: Unknown to Unknown
- Status: Active
- Assets: Unknown
While some data is still unavailable publicly, the plan is active and in use, so it’s vital to get the full plan details directly from the plan administrator when preparing your QDRO. Accurate information is essential to avoid delays and rejections.
What Is a QDRO?
A Qualified Domestic Relations Order, or QDRO (pronounced “quadro”), is a court order that tells the retirement plan administrator how to divide the retirement account between a participant and their former spouse (called the “alternate payee”). Without this order, the plan cannot legally pay a share of the retirement funds to anyone other than the participant—even if a divorce settlement says otherwise.
Special Considerations for 401(k) Plans in Divorce
Unlike pension plans, 401(k)s like the Us Lawns of Charlotte 401(k) Plan come with some unique challenges in divorce. Here’s what divorcing couples need to understand about 401(k) QDROs:
Employee and Employer Contributions
401(k) accounts often include both employee deferrals and employer matching contributions. In your QDRO, you’ll need to address whether you’re dividing:
- Only the employee’s contributions
- The employer’s match that is already vested
- All vested values as of a specific date (usually the separation or divorce judgment date)
Be aware that some contributions may not be fully vested depending on how long the employee has worked for North charlotte landscape management, Inc.. Unvested funds may revert back to the employer if the participant leaves the company prematurely.
Vesting Schedules and Forfeitures
401(k) plans often have vesting schedules for employer contributions. If you’re dividing the account before all of those employer funds have vested, the QDRO should reflect what happens to the unvested portion. Will the alternate payee share in future vesting if the participant stays employed? That detail matters and should be spelled out clearly in the order.
Loan Balances and Repayment Obligations
If the participant has taken loans from their 401(k), it affects the overall account balance. There are three ways a QDRO can deal with loan balances:
- Divide only the net account balance after subtracting the loan
- Split the gross balance and assign the loan solely to the participant
- Custom allocation based on how the loan was used
We often recommend allocating loan responsibility solely to the participant unless the loan benefited both spouses. Otherwise, the alternate payee could unknowingly inherit a portion of a debt they won’t benefit from.
Roth vs. Traditional 401(k) Contributions
The Us Lawns of Charlotte 401(k) Plan may include both traditional (pre-tax) and Roth (after-tax) contributions. That’s important because traditional funds will be taxed on withdrawal, while Roth funds may not be. Your QDRO should accurately reflect the type of funds being divided and instruct the plan to maintain those designations when allocating them to the alternate payee.
Mistakes in identifying Roth vs. traditional funds can result in unfair tax treatment, major delays, and rejected orders—read more about those errors here: Common QDRO Mistakes.
QDRO Timeline and Submission for This Plan
Every plan has its own QDRO review process. For a Corporate sponsor like North charlotte landscape management, Inc., you will likely submit the order to a third-party plan administrator or internal HR/benefits department. The QDRO must follow ERISA rules and any specific plan procedures.
The process typically involves these steps:
- Draft the order tailored to the Us Lawns of Charlotte 401(k) Plan
- Submit for preapproval (if the plan allows)
- File in court and obtain judge’s signature
- Send the finalized order to the plan administrator
- Confirm acceptance and account split
Timeframes vary. We explain why some QDROs move faster than others here: 5 Factors That Determine QDRO Timelines.
Required Documents and Plan Contact
To get started, we recommend gathering:
- Official plan name: Us Lawns of Charlotte 401(k) Plan
- Sponsor name: North charlotte landscape management, Inc.
- Participant’s most recent 401(k) statement
- Loan statements, if any
- Plan Summary Description (SPD)
- EIN and Plan Number (must request from plan administrator if unknown)
You’ll need these whether you’re hiring a QDRO attorney or trying to complete the process on your own.
Why Work with PeacockQDROs?
Some firms only draft QDROs and leave you to handle the court and plan submission on your own. That’s not how we work. At PeacockQDROs, we handle the entire process—drafting, preapproval (if applicable), court filing, and direct submission to the administrator.
We maintain near-perfect reviews and pride ourselves on a track record of doing things the right way. Whether you’re a participant or alternate payee, we’ll guide you through dividing the Us Lawns of Charlotte 401(k) Plan clearly and efficiently. Learn more about what we do here: QDRO Services.
Final Tip: Don’t Wait
We regularly see people lose retirement benefits because they delayed filing a QDRO. The sooner it’s done, the sooner the alternate payee can receive and possibly invest or roll over their share. Plus, with 401(k)s, market fluctuations can cause major differences in value over time.
Need Help with the Us Lawns of Charlotte 401(k) Plan?
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 Us Lawns of Charlotte 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.