Introduction
Dividing retirement assets during divorce can get complicated quickly, especially when dealing with 401(k) plans like the Drs. Clack, Spencer, White & Mccormack, P. A. 401(k) Profit Sharing Plan. If you or your ex-spouse participated in this plan, you’ll likely need a Qualified Domestic Relations Order—commonly called a QDRO—to legally divide those funds. A QDRO is not just a form; it’s a detailed legal order that must meet very specific requirements to be accepted by the plan administrator.
At PeacockQDROs, we’ve handled thousands of QDROs from start to finish. That means we don’t just draft the order—we also take care of preapproval (if the plan provides it), court filing, submission to the administrator, and critical follow-up. That’s where many QDRO services stop, but it’s where we thrive.
Plan-Specific Details for the Drs. Clack, Spencer, White & Mccormack, P. A. 401(k) Profit Sharing Plan
- Plan Name: Drs. Clack, Spencer, White & Mccormack, P. A. 401(k) Profit Sharing Plan
- Sponsor: Unknown sponsor
- Address: 2001 Webber Street
- Industry: General Business
- Organization Type: Business Entity
- Plan Number: Unknown (required at QDRO drafting stage)
- EIN: Unknown (required to submit a QDRO—should be confirmed during plan communication)
- Status: Active
- Effective Date: Unknown
- Plan Year: Unknown to Unknown
- Participants: Unknown
This plan type is a 401(k)/profit sharing hybrid, which means marital division requires attention to both employee contributions and any employer profit-sharing or matching contributions.
Why You Need a QDRO to Divide This Plan
Federal law under ERISA (Employee Retirement Income Security Act) requires a QDRO to divide qualified retirement plans such as a 401(k). Simply putting the division terms in your divorce decree won’t work—it won’t grant you enforceable rights under the plan. Only a properly prepared QDRO lets the plan administrator legally transfer a portion of the benefits to a non-employee spouse (commonly called the “alternate payee”).
Key Components in Dividing the Drs. Clack, Spencer, White & Mccormack, P. A. 401(k) Profit Sharing Plan
Employee vs. Employer Contributions
Dividing a 401(k) requires identifying what portion of the participant’s account was built up through employee deferrals versus employer contributions. In this plan, which includes a profit-sharing feature, employer contributions may vary annually.
Typically, amounts contributed during the marriage are considered marital property. In many divorces, you’re dividing everything from the date of marriage through the date of separation or divorce. But the plan administrator needs clear direction about how to calculate the division.
Vesting Schedules and Forfeiture Rules
Employer contributions often come with a vesting schedule. That means not all employer dollars will belong to the employee (and thus the marital estate) unless certain years of service are met. If an employee was only partially vested at the time of divorce, only the vested portion can be divided in a QDRO.
Some plans will automatically remove or “forfeit” unvested employer contributions. Make sure your QDRO accounts for this, or you might end up awarding funds that don’t legally belong to the participant yet—and possibly never will.
Loans Against the Account
Many employees take loans from their 401(k) plan. A QDRO must specify how outstanding loans will be handled. Will the division be calculated before subtracting the loan balance (gross value), or after (net value)? A $100,000 account with a $25,000 loan might only “spend like” a $75,000 account.
If your QDRO doesn’t address loans, it risks rejection—or worse, an unintended financial outcome.
Traditional vs. Roth Accounts
This plan may offer both traditional 401(k) and Roth 401(k) accounts. The difference matters because of the tax treatment. Traditional 401(k) funds are taxed when withdrawn, while Roth 401(k) funds were contributed post-tax and generally grow tax-free.
A good QDRO will separate these two types so that the alternate payee ends up with a portion of each account type matching what the participant had. Sloppy drafting may cause only one account type to transfer, which distorts the intended division.
Drafting a QDRO for This Plan
Although the Drs. Clack, Spencer, White & Mccormack, P. A. 401(k) Profit Sharing Plan’s sponsor is listed as “Unknown sponsor,” the correct administrator will need to be identified during the QDRO process. This is especially important given that no plan number or EIN is publicly available. At PeacockQDROs, we help confirm these numbers directly with the administrator to make sure your order doesn’t get rejected.
401(k) plans vary greatly when it comes to rules about preapproval, formatting, and document requirements. We always contact the plan (or locate the summary plan description) to get it right the first time.
Submission, Court Filing, and Follow-Up
A mistake we see all the time? People assume getting the QDRO signed by a judge means it’s done. It’s not. Most plans need a submitted, reviewed, and accepted version before any funds are actually divided. We don’t let your order stagnate in limbo—we track submission dates and follow through to final implementation.
Learn more about common QDRO pitfalls that can delay your retirement division for years, or cause you to miss out on funds entirely.
Timeframes and Expectations
A common question is: how long does a QDRO take? The answer depends on multiple factors, including the court, the plan’s review process, and how quickly required details (like address, SSNs, and separation dates) are provided. Visit our article on timing expectations for QDROs.
At PeacockQDROs, our proactive follow-up system keeps your order moving. Plus, our experience saves time—we already know the questions to ask and how to submit the documents the way administrators want them.
Working with PeacockQDROs
When you choose PeacockQDROs, you’re working with a team that handles everything from first draft to final confirmation. That means:
- Drafting your QDRO based on plan and state-specific law
- Obtaining plan preapproval (if applicable)
- Filing with the correct court
- Serving and submitting to the plan administrator
- Following up until the QDRO is fully implemented
We maintain near-perfect reviews and pride ourselves on a track record of doing things the right way. Learn more about our full-service QDRO approach at PeacockQDROs.
If This Is Your Plan, Don’t Wait
If your divorce involved or may involve the Drs. Clack, Spencer, White & Mccormack, P. A. 401(k) Profit Sharing Plan, taking action early saves you time and protects your share. Even if your divorce is finalized, the QDRO step is still essential to actually get the money moved.
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 Drs. Clack, Spencer, White & Mccormack, P. A. 401(k) Profit Sharing 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.