For most Colorado QDROs and similar court orders, the following fixed fees apply:
- 401(k) plans: $275.00
- Most other defined contribution plans, such as profit sharing plans, 403(b), 457 plans: $275.00
- Most Colorado PERA plans: $275.00
- Most defined benefit pension plans, such as standard corporate annuity plans: $350.00.
- Most federal civil service, TPS, and FERS plans: $275.00 to $350.00 (assumes court orders are detailed)
For two or more plans, a 50% reduced fee for all plans after the first one applies, because the plans are between the same two former spouses. Much of the information used in the separate plans for the same case is the same.
If a federal retirement plan is not sufficiently detailed in the separation agreement, mediation memorandum of understanding, or permanent orders, additional fees may apply because of the complexity and time required to educate the former spouses as to the plan options.
However, beginning in 2014, all bets are off for some union plans. There are some restrictions on what can be done for a reasonable fee for some union plans. Some we will no longer do if we have experience with them being uncooperative. Call to ask, please.
Also, very recently plan administrators have been charging QDRO review and processing fees.
Please call or E-mail a request for quote and ask any questions. You may call (303) 804-9898.
|