Introduction: Why the Relay Therapeutics 401(k) Plan Matters in Divorce
Dividing retirement assets during divorce isn’t just about fairness—it’s about securing your financial future. If you or your spouse has a retirement account through the Relay Therapeutics 401(k) Plan, it’s important to know how this specific account gets divided. Because 401(k) plans are governed by federal law, a Qualified Domestic Relations Order (QDRO) is required to legally split the account. Without it, the plan administrator can’t process payments to an ex-spouse, no matter what the divorce decree says.
At PeacockQDROs, we’ve handled thousands of QDROs from start to finish, including for 401(k) plans just like this one. In this article, we explain how to divide the Relay Therapeutics 401(k) Plan in a divorce, what documents you’ll need, and how to avoid costly mistakes.
Plan-Specific Details for the Relay Therapeutics 401(k) Plan
Here’s what we know about this retirement plan based on the official information:
- Plan Name: Relay Therapeutics 401(k) Plan
- Sponsor: Relay therapeutics, Inc..
- Plan Address: 60 Hampshire Street
- Plan Period: 2024-01-01 to 2024-12-31
- Plan Established: 2016-03-01
- Organization Type: Corporation
- Industry: General Business
- Status: Active
- EIN: Unknown (Required for submission—may need to be requested directly)
- Plan Number: Unknown (Essential to include in the QDRO)
While some technical details like the EIN and plan number are missing from public sources, they must be included in your QDRO. PeacockQDROs will help you obtain and confirm these details from the plan administrator before finalizing your order.
What Is a QDRO and Why It’s Required
A Qualified Domestic Relations Order, or QDRO, is a legal order that gives a spouse, former spouse, or dependent the right to receive a portion of the participant’s retirement benefits. Without a QDRO, the plan cannot legally make distributions to anyone other than the employee.
Keep in mind—a divorce decree alone is not enough. The plan administrator for the Relay Therapeutics 401(k) Plan will reject any order that doesn’t follow federal QDRO requirements.
Key Considerations When Dividing the Relay Therapeutics 401(k) Plan
Employee and Employer Contributions
This 401(k) allows for both employee contributions (pre-tax or Roth) and employer contributions, which may or may not be vested. That means part of the account might be unavailable for division, depending on how long the employee has worked there. The QDRO needs to spell out whether the alternate payee (usually the ex-spouse) will receive just the vested portion or any future vesting as well.
Vesting Schedules and Forfeitures
Employer contributions often vest over time. For example, if Relay therapeutics, Inc.. uses a graded vesting schedule (like 20% per year), and the employee hasn’t been with the company long enough, the alternate payee may not be entitled to the full amount. If the QDRO isn’t drafted properly, the ex-spouse could miss out—or end up with an unenforceable order.
Loan Balances
If the participant took out a loan from their 401(k), it may affect what’s available to divide. Loans don’t go to the alternate payee, but they do reduce the account balance. The QDRO must clarify whether the amount awarded is before or after the loan balance is deducted. Misunderstanding this can lead to disputes or rejection by the administrator.
Roth vs. Traditional Accounts
The Relay Therapeutics 401(k) Plan may offer both pre-tax (traditional) and post-tax (Roth) contributions. These are completely different account types and must be referenced properly in your QDRO. If the alternate payee is receiving Roth assets, those funds retain their tax-free character—if the order is drafted correctly. If not, withdrawals could end up being taxed, causing a big surprise down the road.
Special Rules for 401(k) Plan QDROs
Because 401(k) assets are instantly withdrawable (unlike pensions), many alternate payees want a lump-sum distribution as soon as possible. A QDRO for the Relay Therapeutics 401(k) Plan can allow for:
- Transfer to a rollover IRA (to avoid taxes and penalties)
- Lump-sum cash payout (subject to taxes if not rolled over)
- Continued investment within the plan (less common but possible)
The order must clearly state how payments are to be made and who’s responsible for taxes on the distribution. Poor drafting leads to overpayments, penalties, or rejected orders.
Avoiding Common QDRO Mistakes
QDROs can be rejected for all kinds of preventable reasons. At PeacockQDROs, we maintain near-perfect reviews because we focus on doing things the right way. Common errors we help clients avoid include:
- Forgetting to specify how to treat pre-tax vs. Roth assets
- Failing to account for existing loans
- Assuming full vesting regardless of the employment timeline
- Not referencing the correct plan number or address
- Missing administrative pre-approval (when required)
See our page on common QDRO mistakes to make sure your order isn’t one of them.
Timeline: How Long Will This Take?
Many clients ask how long it takes to divide the Relay Therapeutics 401(k) Plan. It depends on several factors:
- Whether the plan requires preapproval
- How quickly the court processes the signed QDRO
- The plan administrator’s review protocols
We cover this topic in detail on our page 5 factors that determine how long it takes to get a QDRO done.
PeacockQDROs: We Handle the Whole Process
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 required), court filing, submission to the plan, and follow-up until the benefits are divided. That’s what sets us apart from firms that only prepare the paperwork and hand it off to you.
We’re familiar with the complexities of plans like the Relay Therapeutics 401(k) Plan, including vesting rules, Roth balance handling, and loan accounting. We do more than just fill in forms—we protect your financial future.
If you’re not sure where to start, check out our guide to QDRO services here, or contact us directly for personalized help.
Conclusion
Dividing the Relay Therapeutics 401(k) Plan in divorce requires real care, especially given potential complications with vesting, loans, and account types. A poorly drafted order can cost you thousands—or delay your benefits indefinitely. At PeacockQDROs, we’re here to make sure that doesn’t happen.
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 Relay Therapeutics 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.