Understanding How to Divide the Bonial & Associates, P.c. 401(k) Plan Through a QDRO
Dividing retirement benefits during a divorce can be one of the most financially significant aspects of a settlement. If you or your spouse participates in the Bonial & Associates, P.c. 401(k) Plan, you’ll need a Qualified Domestic Relations Order—commonly called a QDRO—to divide those assets legally and correctly. A QDRO gives legal instructions to the retirement plan administrator on how to divide the retirement account per the terms of the divorce judgment.
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 everything—drafting, preapproval if the plan allows it, court filing, submission to the plan, and follow-up. That’s what sets us apart from firms that only prepare the document and hand it off to you.
Plan-Specific Details for the Bonial & Associates, P.c. 401(k) Plan
Before you can divide any retirement account, you need the basic plan information. Here are the available details on the Bonial & Associates, P.c. 401(k) Plan:
- Plan Name: Bonial & Associates, P.c. 401(k) Plan
- Sponsor: Unknown sponsor
- Address: 14841 Dallas Parkway, Suite 425
- Effective Dates: From 2012-08-01; Current plan year starts 2024-01-01 and ends 2024-12-31
- Plan Type: 401(k)
- Industry: General Business
- Organization Type: Business Entity
- Status: Active
- Plan Number & EIN: Unknown (must be obtained for QDRO processing)
- Participants: Unknown (typically obtained during QDRO discovery phase)
- Assets: Unknown (requires documentation from the plan administrator)
One challenge with this 401(k) plan is that the sponsor and identifying numbers (EIN and plan number) are not publicly available. These elements are essential pieces of any valid QDRO, so you’ll need to work closely with the plan participant or their HR department to get them.
Why You Need a QDRO for the Bonial & Associates, P.c. 401(k) Plan
A QDRO is the only legal way to divide 401(k) assets between spouses after a divorce without triggering early withdrawal penalties or unnecessary taxes. The order must meet both IRS requirements and the specific terms of the Bonial & Associates, P.c. 401(k) Plan, as administered by Unknown sponsor.
Once it’s signed by the judge and approved by the plan administrator, the QDRO will instruct how much of the retirement account goes to the non-employee spouse (called the “alternate payee”).
Key Issues in Dividing 401(k) Plans by QDRO
Employee vs. Employer Contributions
A 401(k) plan can include both employee contributions (from wages) and employer contributions (such as matching funds). In divorce, it’s important to determine whether employer contributions are partially or fully vested. Only vested contributions can be divided in a QDRO. For non-vested amounts, the alternate payee won’t receive a share unless vesting occurs before the QDRO is processed.
Vesting Schedules and Forfeitures
Because the Bonial & Associates, P.c. 401(k) Plan is provided by a business entity in general business, it likely has a standard vesting schedule—typically based on years of service. If the employee hasn’t worked long enough to be fully vested in the employer’s contributions, some of those funds may be non-divisible. This is especially important to understand when calculating what share the alternate payee can receive.
Outstanding Loans Against the 401(k)
If the account owner (the participant in the Bonial & Associates, P.c. 401(k) Plan) has taken a loan from their 401(k), this reduces the total available balance. It also creates a question about whether the alternate payee’s share should be calculated before or after subtracting the loan amount. This issue should be clearly addressed in the QDRO to avoid confusion and delays in processing.
Traditional vs. Roth Balances
Many 401(k) plans today include both traditional (pre-tax) and Roth (after-tax) contribution options. The tax treatment of each type is very different. When dividing the Bonial & Associates, P.c. 401(k) Plan, it’s important to identify whether each type of account exists and make sure the QDRO specifies how each will be allocated. Equal division of dollar amounts may not result in tax-equivalent benefits if the Roth/traditional balance split isn’t properly handled.
How to Get Started With the QDRO Process
Step 1: Gather Plan Information
The first step is obtaining plan documents and confirming the plan administrator’s contact details. For this plan, limited data is publicly available, so you’ll likely need to obtain the Summary Plan Description (SPD) from either the participant or the employer (Unknown sponsor).
Step 2: Draft a Customized QDRO
Your QDRO must match both the divorce judgment and the requirements of the Bonial & Associates, P.c. 401(k) Plan. Our team at PeacockQDROs takes the time to ensure your QDRO meets IRS rules and the specific plan’s requirements so you avoid delays or rejections.
Step 3: Submit for Preapproval (if allowed)
Some plans offer preapproval before court filing, allowing you to avoid costly corrections later. If the Bonial & Associates, P.c. 401(k) Plan allows preapproval, we will handle that step before the order is submitted to the court.
Step 4: File in Court and Finalize
The QDRO must be filed and signed by a judge before it’s submitted to the plan administrator. After court approval, we manage submission and follow-up until the order is accepted and the benefits are divided per the QDRO’s terms.
Plan-Specific Tips for the Bonial & Associates, P.c. 401(k) Plan
- Ensure the plan name is exactly “Bonial & Associates, P.c. 401(k) Plan” in the QDRO document.
- Contact the HR department or the plan administrator directly to obtain the missing plan number and EIN.
- Include language in your QDRO that addresses vesting status and Roth/traditional balances to avoid future disputes or tax complications.
- If there is a loan, make it clear whether you’re dividing the balance before or after subtracting the loan amount.
Common QDRO Mistakes to Avoid
401(k) plans like the Bonial & Associates, P.c. 401(k) Plan can be tricky to divide if the QDRO isn’t carefully prepared. Some of the most common errors include:
- Failing to address loan balances
- Using incorrect or unofficial plan names
- Not clarifying how Roth and traditional balances are handled
- Leaving out key elements like vesting schedules or survivor benefit terms
Read more about common pitfalls here: Common QDRO Mistakes
Why Choose PeacockQDROs
We don’t just draft your QDRO—we stick with you through each step until benefits are divided. We’ve handled thousands of orders and maintain near-perfect reviews because we do things the right way.
Read more here: QDRO Services at PeacockQDROs
Wondering how long it will take? These 5 factors will help you estimate the timeline.
Get Help With Your QDRO 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 Bonial & Associates, P.c. 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.