Introduction
Dividing retirement assets during divorce is one of the most emotionally and financially complex elements of the process. If you or your spouse has an account in the Strive Health Services 401(k) Plan, you’ll need a Qualified Domestic Relations Order (QDRO) to divide it properly. But not all QDROs are the same—especially when you’re dealing with 401(k) plans that have features like loan balances, vested and unvested amounts, and both traditional and Roth account types. Getting it right requires more than just filling in a form.
At PeacockQDROs, we’ve handled thousands of retirement plan divisions successfully—including 401(k) plans just like the Strive Health Services 401(k) Plan. In this article, we’ll walk you through how QDROs work for this plan, the key features you must account for, and how to avoid common mistakes.
Plan-Specific Details for the Strive Health Services 401(k) Plan
Before diving into QDRO strategies, it’s essential to know exactly what you’re working with:
- Plan Name: Strive Health Services 401(k) Plan
- Sponsor: Strive health services LLC
- Address: 20250718145939NAL0001007507001, 2024-01-01
- EIN: Unknown (required for QDRO submission—plan administrator can provide)
- Plan Number: Unknown (also needed—request from the plan sponsor)
- Industry: General Business
- Organization Type: Business Entity
- Status: Active
The Strive Health Services 401(k) Plan is active and part of a general business organization. While we don’t have all the internal data like participant count or total plan assets, none of that changes the qualification requirements for a QDRO. What matters is properly addressing the types of accounts and employer contribution rules common in 401(k) plans—especially for business entities like Strive health services LLC.
What is a QDRO and Why Do You Need One?
A QDRO (Qualified Domestic Relations Order) is a legal document that allows a retirement account to be divided between spouses or former spouses without triggering taxes or penalties. For the division to be valid under federal law, a domestic relations order must be “qualified” by the plan administrator of the Strive Health Services 401(k) Plan.
Without a QDRO, the ex-spouse (often called the “alternate payee”) cannot receive their share of the account—no matter what the divorce decree says. This can lead to major financial disputes and missed retirement funds down the line.
Unique Considerations for 401(k) Plans and QDROs
401(k) plans come with their own set of complexities you must address in the QDRO. Here’s what to look out for when dividing the Strive Health Services 401(k) Plan:
Employee vs. Employer Contributions
The participant’s salary deferrals (employee contributions) are typically 100% vested immediately and always divisible. Employer contributions, however, may be subject to a vesting schedule. The QDRO must clearly define whether the alternate payee will receive a percentage of:
- Only the vested portion at the time of divorce, or
- Future vested amounts as they become earned
For example, let’s say the participant has been with Strive health services LLC for two years, and the plan requires a five-year vesting schedule. Only a portion of the employer contributions would be vested and divisible now.
Loan Balances
Many 401(k) plans allow participants to take loans against their retirement accounts. If there’s an outstanding loan on the Strive Health Services 401(k) Plan at the time of divorce, the QDRO must address whether:
- The loan balance will reduce the account before division, or
- The division occurs before deducting the loan
This significantly affects the alternate payee’s calculated share. Ignoring loan details is one of the most common QDRO mistakes.
Roth vs. Traditional Balances
401(k) plans may contain both pre-tax and Roth (after-tax) contributions. The Strive Health Services 401(k) Plan may have separate accounts under one participant’s name. The QDRO should clearly state whether the division is:
- Pro-rata across all account types, or
- Specific to Roth or traditional balances
If not properly defined, it can lead to IRS reporting errors or tax surprises later for both parties.
What Information Do You Need to Prepare the QDRO?
To prepare and submit a QDRO for the Strive Health Services 401(k) Plan, you’ll need:
- Plan name: Strive Health Services 401(k) Plan
- Plan sponsor: Strive health services LLC
- Plan number (request from plan administrator)
- Employer’s EIN (tax ID)—required for court and administrator forms
- Participant name and address
- Alternate payee name and address
- Exact division formula or percentage
- Date of division (usually the date of divorce)
Avoiding Delays and Rejection
Many people think drafting the QDRO is the hard part—but getting court filing, plan approval, and proper follow-through is where most get stuck. At PeacockQDROs, we take care of all of it—not just the drafting. That means:
- We draft the order
- We handle preapproval with the Strive Health Services 401(k) Plan administrator (if available)
- We file it with your divorce court
- We submit it to the plan sponsor—Strive health services LLC
- We follow up until it’s officially accepted
That’s what sets us apart from other providers. Thousands of clients have trusted us to do it the right way, and we maintain near-perfect reviews for a reason.
How Long Will It Take to Get the QDRO Done?
That depends on a few key factors. We’ve broken down the five biggest ones here: 5 Factors That Determine How Long It Takes to Get a QDRO Done.
Final Tips for Dividing the Strive Health Services 401(k) Plan
- Always confirm loan balance, vesting status, and account types before finalizing the order
- Include specific language for Roth and traditional accounts
- Request plan procedures and a sample QDRO from Strive health services LLC if available
- Don’t wait—get started early to prevent delays in receiving benefits
Need Help? Talk to the QDRO Experts
If your divorce involved the Strive Health Services 401(k) Plan, don’t try to handle the QDRO alone. Even seasoned attorneys often miss important plan-specific details. That’s why thousands trust PeacockQDROs to close the loop from drafting through court and plan submission.
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 Strive Health Services 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.