Dividing a 401(k) Plan During Divorce
Dividing retirement plans during a divorce can be one of the most technical—but important—steps in the process. If either spouse has retirement savings under the Colliers International Sc Inc.. Retirement Plan, then a specialized court order called a Qualified Domestic Relations Order (QDRO) is required to divide that account. The QDRO ensures the division is legal under federal law and accepted by the plan provider without triggering taxes or penalties.
At PeacockQDROs, we’ve helped thousands of clients divide retirement accounts correctly. We know that 401(k) plans like the Colliers International Sc Inc.. Retirement Plan come with features like Roth sub-accounts, employer contributions with vesting schedules, and even loan balances that need to be handled the right way. Here’s what you need to know if you’re dealing with this plan in your divorce.
Plan-Specific Details for the Colliers International Sc Inc.. Retirement Plan
- Plan Name: Colliers International Sc Inc.. Retirement Plan
- Sponsor: Colliers international sc Inc.. retirement plan
- Address: 20250529171413NAL0021119074001, 2024-01-01
- Employer Identification Number (EIN): Unknown
- Plan Number: Unknown
- Industry: General Business
- Organization Type: Corporation
- Participants: Unknown
- Plan Year: Unknown to Unknown
- Effective Date: Unknown
- Status: Active
- Plan Assets: Unknown
Although some important details like EIN or plan number are not listed, you typically need those pieces of information for your QDRO. That’s something we help our clients track down when drafting the order. When you’re working with a plan operated by a corporation in the general business sector, documentation and plan rules can vary—so it pays to work with a QDRO professional familiar with corporate-sponsored 401(k)s.
QDRO Basics for This 401(k) Plan
A QDRO allows a divorcing spouse (the “alternate payee”) to receive a portion of the plan participant’s 401(k) without facing early withdrawal penalties or triggering tax consequences. The QDRO authorizes the Colliers international sc Inc.. retirement plan to divide the account in accordance with the terms specified in the divorce judgment.
What Can Be Divided
The QDRO can assign the alternate payee:
- A percentage of the account balance as of a specific date
- A flat dollar amount
- Gains or losses on that amount from the division date to the distribution date
It can also address how traditional and Roth sub-accounts should be divided, and whether any employer loans, unvested contributions, or plan-specific requirements should be considered.
Key Areas to Consider When Dividing the Colliers International Sc Inc.. Retirement Plan
Employee and Employer Contributions
This plan is a 401(k), funded through both employee deferrals and often employer matching or profit-sharing contributions. These employer contributions may be subject to a vesting schedule—typically based on years of service. If not fully vested at the time of divorce, the non-vested amount will likely be forfeited and unavailable for division in the QDRO.
A well-drafted QDRO must clearly state whether the alternate payee receives a share of just vested funds or also includes unvested employer contributions that may become vested later. Many standard QDRO templates fail to address this issue—opening the door to disputes or rejected orders.
Loan Balances Within the Plan
If the participant has taken a loan from their 401(k), this impacts the divisible balance. We often see confusion about whether the loan amount is deducted before the alternate payee’s share is calculated. The right answer depends on how the divorce judgment reads and how the QDRO is written.
If not handled properly, the alternate payee might receive less than intended—or more—leading to disputes with the participant or rejected orders from the plan administrator. At PeacockQDROs, we ensure loan treatment is clearly outlined in every QDRO we prepare.
Roth vs. Traditional Account Types
Many 401(k) plans, including potentially the Colliers International Sc Inc.. Retirement Plan, have both traditional pre-tax and Roth after-tax account balances. These are legally and financially different types of funds. A QDRO must specify how each will be divided.
For example, if the alternate payee is awarded 50% of the account, does that mean half of both traditional and Roth sub-accounts? Or only the traditional portion? These are crucial choices that should be addressed during QDRO drafting. Once submitted, these terms generally can’t be changed later without amending the court order.
Common QDRO Mistakes to Avoid
Wrong assumptions or vague language in the QDRO can lead to underpayment, delays, or even court challenges. We’ve seen parties make mistakes by:
- Failing to include loan treatment
- Overlooking the Roth vs. traditional portions
- Using outdated plan information or incorrect plan names
- Ignoring vesting schedules on employer contributions
For a breakdown of more errors that can derail your order, check out our article on Common QDRO Mistakes.
How PeacockQDROs Helps with the Colliers International Sc Inc.. Retirement Plan
Dividing a 401(k) plan through a QDRO isn’t just about getting a form filled out—it’s about knowing what plan administrators look for, how the retirement account functions, and what the divorce judgment actually says. At PeacockQDROs, we don’t just hand you a document—we manage the entire process.
That means we:
- Draft the QDRO using precise language for the Colliers International Sc Inc.. Retirement Plan
- Contact the plan administrator to confirm requirements and preapproval (if offered)
- File the QDRO with your divorce court
- Submit the court-approved order to the plan
- Follow up until the alternate payee gets their funds
That’s what sets us apart. We’ve completed thousands of QDROs from start to finish, and we maintain near-perfect reviews because we believe in doing things the right way.
Learn more about our process here: PeacockQDROs Services
Timing: When Will the Division Be Complete?
Several steps have to happen before anyone receives funds from a divided 401(k): drafting, preapproval, court filing, final plan review, and processing. The time it takes depends on factors like court backlog, the plan’s responsiveness, and whether all required data is available.
For more insight, check out: How Long Does It Take to Get a QDRO Done?
Additional Help and Contact Information
Questions about your specific situation? We offer dedicated support and fast turnaround times—and help track down missing items like plan numbers or EINs when needed. If your divorce involved the Colliers International Sc Inc.. Retirement Plan, our team can guide you every step of the way.
Contact us here if you’re ready to get started or need a second opinion on an existing QDRO draft.
Final Call to Action
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 Colliers International Sc Inc.. Retirement 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.