Understanding QDROs and the Weeks & Irvine, LLC 401(k) Profit Sharing Plan
If you’re going through a divorce and your spouse has a retirement plan through the Weeks & Irvine, LLC 401(k) Profit Sharing Plan, you’re probably wondering how to divide it. It’s not always simple, especially with a 401(k) plan that could include employer contributions, loans, and even separate Roth and traditional accounts.
This is where a Qualified Domestic Relations Order—commonly known as a QDRO—comes into play. A QDRO is the court order that directs the plan administrator to give one spouse (called the “alternate payee”) their share of another spouse’s (the “participant’s”) retirement account. Each QDRO must be tailored to the specific plan involved, and the Weeks & Irvine, LLC 401(k) Profit Sharing Plan is no exception.
At PeacockQDROs, we’ve handled thousands of QDROs from start to finish. That means we handle everything—from drafting to preapproval, court filing, submission to the plan, and persistent follow-up with the administrator. Most firms stop after drafting the order—we don’t. That’s what sets us apart.
Plan-Specific Details for the Weeks & Irvine, LLC 401(k) Profit Sharing Plan
- Plan Name: Weeks & Irvine, LLC 401(k) Profit Sharing Plan
- Sponsor: Weeks & irvine, LLC 401(k) profit sharing plan
- Address: 20250627142218NAL0022980530001, 2024-01-01
- Industry: General Business
- Organization Type: Business Entity
- Plan Status: Active
- EIN: Unknown (must be requested as part of QDRO documentation)
- Plan Number: Unknown (needed for QDRO preparation; request from HR or plan administrator)
- Effective Date: Unknown
- Participants: Unknown
Because plan numbers and EINs are required in QDRO drafting, make sure your attorney requests these details early in the process. Without them, your QDRO may be rejected by the plan administrator.
Special Considerations with 401(k) Plans Like This One
Not all 401(k) plans are alike. When dividing the Weeks & Irvine, LLC 401(k) Profit Sharing Plan, there are several important factors to consider.
1. Employee Contributions vs. Employer Contributions
Your QDRO must clearly state whether it covers both employee and employer contributions. In many cases, employer matching contributions are subject to a vesting schedule. If your spouse is not fully vested in those funds at the date of divorce or the valuation date you agree to, your share of those funds could be reduced—or unavailable entirely.
2. Vesting Schedules Matter
Employer contributions are often governed by vesting terms, which determine how much your spouse owns outright. If your spouse leaves the company before full vesting, any unvested portions are forfeited. Be clear in the QDRO about whether you’re dividing the total account balance or only the vested portion. That decision can materially impact how much you receive.
3. Outstanding Loans Must Be Addressed
If your spouse has taken a loan from their 401(k), that loan balance reduces the total available funds. There are several ways to handle a loan in a QDRO:
- Subtract it from the total account value before division
- Assign the loan repayment obligation to the participant only
- Let the alternate payee decide how to respond (less common, but possible)
Failing to deal with an existing loan can delay processing or lead to confusion once funds are being distributed. Always confirm whether a loan exists and include instructions in the QDRO.
4. Roth vs. Traditional 401(k) Portions
Some 401(k) plans, including those within general business organizations like the Weeks & Irvine, LLC 401(k) Profit Sharing Plan, allow employees to make both traditional (pre-tax) and Roth (post-tax) contributions. When these account types exist, it’s essential to divide them separately in your QDRO. Roth accounts have different tax implications and cannot be merged casually into traditional IRAs.
If your QDRO doesn’t distinguish between the two, the plan administrator may reject it. Worse, the alternate payee might end up with unexpected tax issues. Ensure that your order specifies Roth assets will go to a Roth IRA, and traditional funds to a pre-tax IRA.
Documentation You’ll Need
To process a QDRO for the Weeks & Irvine, LLC 401(k) Profit Sharing Plan, you’ll need certain details that are not currently public. Here’s what we recommend including in your information request to the plan sponsor or HR department:
- Plan Name and Plan Number
- EIN of the sponsoring company
- Current plan administrator contact info
- Copy of the Summary Plan Description (SPD)
- Plan vesting schedule
- Loan details, if any
- Account breakdown between Roth and traditional portions
We help our clients request and interpret this documentation during our full-service QDRO process.
What Happens After the QDRO Is Filed?
Once the QDRO is drafted and signed by the family court, it must be submitted to the plan administrator for approval. Here’s the typical sequence of steps:
- The QDRO is reviewed for compliance with the plan rules
- If preapproval wasn’t obtained, the administrator may request revisions
- Once approved, the funds are segregated for the alternate payee
- Distributions are processed, typically into a rollover IRA to avoid taxes
This process can take several weeks to several months—especially if problems arise. At PeacockQDROs, we avoid long delays by handling every step, ensuring efficiency and accuracy at each phase. Learn more about how long it takes to get a QDRO done and what might slow it down.
Common Mistakes to Avoid
Many mistakes in QDROs aren’t discovered until it’s too late. For the Weeks & Irvine, LLC 401(k) Profit Sharing Plan, the most common issues we’ve seen include:
- Not accounting for plan loans correctly
- Failing to distinguish Roth and traditional contributions
- Dividing non-vested employer contributions that may later be forfeited
- Omitting key plan identifiers like EIN or plan number
Our team regularly fixes these errors, but it’s better to get it right the first time. Review our list of common QDRO mistakes here.
What PeacockQDROs Can Do For You
At PeacockQDROs, we offer full-service QDRO handling, not just document drafting. We:
- Contact the plan or employer to get missing plan data
- Draft QDROs with Roth/traditional split language
- Confirm plan loans and vesting with administrators
- Get preapproval when available
- File the QDRO with the court
- Submit and follow up with the plan administrator
We maintain near-perfect reviews and pride ourselves on a track record of doing things the right way. Learn more about our services here, or contact us to get started.
Final Thoughts
Dividing assets in divorce is hard enough. Don’t let confusion about the Weeks & Irvine, LLC 401(k) Profit Sharing Plan make it worse. A properly drafted, plan-compliant QDRO ensures your share is secure, tax-protected, and received in a timely manner. Whether the issue is account type, contributions, loans, or missing information, getting it wrong can mean delays or even losing your rights.
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 Weeks & Irvine, LLC 401(k) Profit Sharing 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.