Introduction: Dividing the Retirement Income Security Plan-lundahl Companies in Divorce
When going through a divorce, one of the biggest financial concerns is how to divide retirement assets. If you or your spouse has a 401(k) through the Retirement Income Security Plan-lundahl Companies, you’ll likely need a Qualified Domestic Relations Order (QDRO) to complete the division legally and ensure tax protection. This guide explains exactly how QDROs work for this plan, what to watch out for, and how to protect your interests.
Plan-Specific Details for the Retirement Income Security Plan-lundahl Companies
Here’s what we know about the Retirement Income Security Plan-lundahl Companies:
- Plan Name: Retirement Income Security Plan-lundahl Companies
- Sponsor: Retirement income security plan-lundahl companies
- Address: 20250728122106NAL0002185792001, effective 2024-01-01
- Plan Type: 401(k)
- Industry: General Business
- Organization Type: Corporation
- Plan Number: Unknown (must be requested for QDRO processing)
- EIN: Unknown (required for documentation—request from the plan or employer)
- Status: Active
Because this plan is active and part of a corporation in the general business sector, it follows common 401(k) structures—but that doesn’t mean one-size-fits-all in divorce. You’ll need a QDRO tailored to this exact plan and its rules.
Why You Need a QDRO
Without a QDRO, an alternate payee (usually the non-employee spouse) has no legal right to receive a portion of the 401(k). A divorce decree alone isn’t enough. The QDRO is what tells the Retirement income security plan-lundahl companies how to divide the benefits and protects both parties from taxes and penalties during the transfer.
Key QDRO Issues Specific to 401(k) Plans Like the Retirement Income Security Plan-lundahl Companies
Employer vs. Employee Contributions
In most 401(k) plans, both the employee and the employer contribute. While employee contributions are always vested immediately, employer contributions may follow a vesting schedule. This means that if your spouse isn’t fully vested at the time of divorce, unvested employer contributions will be forfeited and unavailable for division.
When drafting the QDRO, it’s critical to:
- Request a current account statement
- Verify vesting percentages
- Specify whether only vested funds are being divided
Vesting Schedules and Forfeited Amounts
The Retirement Income Security Plan-lundahl Companies may apply a typical vesting schedule (often 3 to 6 years for full vesting). If your spouse isn’t fully vested at the time of divorce, and the QDRO is delayed, some amounts may be lost. It’s crucial to act promptly, especially if your case is nearing settlement or final decree.
Loan Balances from the Account
If the participant has taken a loan from their 401(k), that loan reduces the account value. The QDRO must specify whether the total value to be divided includes or excludes outstanding loan balances.
There are two common approaches:
- Divide the net account balance (excluding loans)
- Divide the gross balance (including the loan), putting repayment responsibility on the account holder
Be careful. Many QDROs are rejected for failing to clarify this issue.
Traditional vs. Roth 401(k) Accounts
Some contributions may be in a Roth 401(k) subaccount, which has different tax rules than traditional 401(k) funds. Roth contributions are made with after-tax dollars and growth is tax-free on qualified withdrawals. If dividing both types, the QDRO should clearly outline what portion of each account type goes to the alternate payee.
Without clear language, the plan may delay or reject the QDRO, and the alternate payee may face tax consequences.
Drafting a QDRO that Meets Plan Requirements
Each retirement plan has its own QDRO review process and submission protocol. Since we don’t have the specific QDRO guidelines for the Retirement Income Security Plan-lundahl Companies, PeacockQDROs will contact the administrator directly to request a model QDRO (if one exists) and confirm submission procedures.
In our experience drafting thousands of QDROs, here are the essentials:
- Use accurate plan name and address: Retirement Income Security Plan-lundahl Companies; 20250728122106NAL0002185792001
- Include plan number and EIN once obtained—these are required by most administrators
- Identify exact allocation date (e.g. date of divorce, separation, or another agreed-upon date)
- Include all relevant account components: vested and unvested funds, loans, Roth/traditional, earnings post-division
Common QDRO Mistakes We Help You Avoid
At PeacockQDROs, we regularly fix QDROs that were rejected or improperly executed. The most frequent mistakes we see include:
- Failing to specify how loans are handled
- Omitting the plan name or using incorrect formatting
- Ignoring Roth subaccounts or splitting them incorrectly
- Delaying submission until after the divorce, which can trigger tax and forfeiture issues
You can explore more common QDRO problems here.
The QDRO Process: Start to Finish
With PeacockQDROs, you don’t need to worry about what comes next. We don’t just draft the order and hand it over—we finish the job. Here’s what we do:
- Draft your QDRO clearly and correctly the first time
- Submit it to the Retirement income security plan-lundahl companies for preapproval (if allowed)
- Guide the order through your local court system, getting it signed by a judge
- Submit the signed order back to the plan for processing
- Follow up until the benefits are divided and processed
Learn more about our QDRO services here.
How Long Will It Take?
Every case is different. The time it takes to complete a QDRO depends on several factors, such as plan administrator responsiveness and court processing speed. We explain these timing factors here.
What if You Don’t Know the Plan Details?
If you don’t know the plan number or EIN, you’re not alone. We routinely assist clients in tracking down this information through subpoenas, employer contacts, or paperwork from the divorce case. Don’t let missing info stop your QDRO from getting done.
Why Choose PeacockQDROs?
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.
We maintain near-perfect reviews and pride ourselves on a track record of doing things the right way. If you’re collaborating with an attorney or working on your own, we’re here to guide you through the process quickly and accurately.
Got questions about how QDROs work? Talk to us.
Conclusion
The Retirement Income Security Plan-lundahl Companies requires a properly drafted QDRO for benefits to be divided in divorce. This means addressing plan-specific issues such as contribution types, vesting, and loan balances. At PeacockQDROs, we handle this entire process for you—so you don’t have to guess or go it alone.
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 Retirement Income Security Plan-lundahl Companies, 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.