Introduction
If you’re going through a divorce and either you or your spouse has a retirement account under the Salud Family Health Employee Contribution 403(b) Plan, you’ll likely need a Qualified Domestic Relations Order—or QDRO—to divide those retirement assets legally. This isn’t a step you want to skip or get wrong. QDROs give the court order needed to split these retirement funds without incurring unwanted taxes or penalties.
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 Salud Family Health Employee Contribution 403(b) Plan
- Plan Name: Salud Family Health Employee Contribution 403(b) Plan
- Sponsor: Salud family health, Inc.
- Address: 203 S Rollie Ave
- Plan Effective Date: 1983-04-01
- Plan Year: 2024-01-01 to 2024-12-31
- Industry: General Business
- Organization Type: Corporation
- Plan Number: Unknown (must be obtained for QDRO)
- EIN: Unknown (must be obtained for QDRO)
- Status: Active
- Assets: Unknown (request current statements)
It’s essential to gather complete documentation from the Plan Administrator, including the Summary Plan Description (SPD), plan number, and the Employer Identification Number (EIN), to correctly draft a QDRO for this plan.
Why a QDRO is Essential for This Plan
A QDRO allows the legally sanctioned division of retirement accounts like the Salud Family Health Employee Contribution 403(b) Plan without triggering early withdrawal penalties or taxes (assuming proper steps are followed). Without a QDRO, even a divorce judgment stating that you’re entitled to part of the account isn’t enforceable for the plan administrator to divide the assets.
Key Components to Consider in Dividing This Plan
1. Type of Plan: 401(k)-Style 403(b)
Though titled a 403(b), this Salud Family Health Employee Contribution 403(b) Plan is functionally similar to a 401(k)—with participant-directed investments and optional Roth contributions. That makes it subject to the same QDRO concerns as a typical 401(k).
2. Employee and Employer Contributions
This plan likely includes both employee deferrals and employer matching contributions. In your QDRO, you can specify whether the alternate payee (typically the former spouse) receives only a portion of the employee’s contributions, a portion of the matching employer contributions, or both. If employer contributions are subject to a vesting schedule, that brings us to another point…
3. Vesting and Forfeitures
The employer’s matching or profit-sharing contributions may be partially or entirely unvested at the time of divorce. If so, those unvested funds may be forfeited if the employee spouse leaves the company before becoming fully vested. The QDRO should clarify how to handle this scenario:
- Should the alternate payee receive only the vested portion as of the divorce date?
- Or should the QDRO include post-divorce vesting?
These questions need to be negotiated during the divorce and specified in the QDRO to prevent later conflict.
4. Loan Balances
If the employee has borrowed from their 403(b) account, the balance reflected on the statement may be higher than the accessible amount. A loan reduces the available account balance. Your QDRO should state whether the loan balance is to be excluded from the division or incorporated into the total balance (dividing both cashed and borrowed amounts).
We’ve seen many QDROs mishandled because the presence of an outstanding loan was not accounted for. That mistake leads to delays and refusals by plan administrators.
5. Roth vs. Traditional Balances
The Salud Family Health Employee Contribution 403(b) Plan may include both pre-tax (traditional) and post-tax (Roth) contributions. These must be addressed separately in your QDRO. You cannot divide Roth and traditional assets the same way because the tax treatment differs:
- Traditional 403(b): Taxes are owed upon withdrawal
- Roth 403(b): Withdrawals are typically tax-free if requirements are met
Make sure your QDRO addresses how both account types are divided and transferred to the alternate payee.
How the QDRO Process Works for This Plan
Step 1: Gather Plan Documents
Collect all relevant plan documents, especially the Summary Plan Description, current account statements, and contact information for the Plan Administrator at Salud family health, Inc. Request the plan number and EIN—these are required details for the drafting process.
Step 2: Drafting the QDRO
This is where our team steps in. At PeacockQDROs, we ensure that your QDRO complies with federal law and the specific requirements of the Salud Family Health Employee Contribution 403(b) Plan administrator. We draft language addressing division method, loan balances, vesting, and separate Roth vs. traditional balances.
Step 3: Pre-Approval (if Allowed)
Some plan administrators offer pre-approval before court filing. If Salud family health, Inc. permits this, we coordinate directly for review and adjustment. This step helps reduce rejection risk post-filing.
Step 4: Court Filing
Once approved (or finalized without pre-review), we file the signed QDRO with the divorce court. Proper filing formalizes the order.
Step 5: Submission to the Plan Administrator
After court approval, we submit the signed and certified QDRO to Salud family health, Inc. and follow up for implementation. We handle the back-and-forth until benefits are properly allocated and accounts are established for the alternate payee.
Common Mistakes to Avoid
Many people and even attorneys make several common mistakes during QDRO processing:
- Failing to specify what happens if the employee dies before the QDRO is completed
- Not addressing different account types (Roth vs. traditional)
- Omitting or miscalculating how to handle outstanding loan balances
- Ignoring unvested employer contributions
- Filing the QDRO too late—delays can reduce available benefits during market downturns
We’ve created a helpful resource that outlines other common QDRO mistakes to avoid.
Why Work with PeacockQDROs?
We maintain near-perfect reviews and pride ourselves on a track record of doing things the right way. You don’t just get a drafted order—you get a full-service team taking your QDRO from start to finish without dropping the ball on important steps.
Learn more about our QDRO process here: QDRO services
How Long Does It Take?
The time required can vary depending on several key factors. We outline them all here in this detailed guide: 5 Factors That Determine QDRO Timing.
Final Thoughts
Dividing the Salud Family Health Employee Contribution 403(b) Plan in divorce is not a DIY project. A well-prepared QDRO ensures you receive everything you’re entitled to—without unexpected delays, rejections, or costly tax issues.
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 Salud Family Health Employee Contribution 403(b) 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.