QDRO
Consultants Co. is the national leader in corporate
QDRO qualification and administration. Whether you currently
process QDROs in-house or farm them out to a benefits consulting
company or law firm, QDRO Consultants Co. is your best choice
for handling the “ultimate legal nuisance” of
QDROs. However, if you choose to continue processing QDROs
in-house, you may be interested in our state-of-the-art
QDRO Administration licensing program called QPAS
(“QDRO Processing & Administration Software System”).
This ODBC compliant QDRO Processing &
Administration System can be retrofitted into almost any
network environment. By using our QPAS System,
your in-house QDRO staff will be equipped with a “user-friendly”
QDRO processing system that will significantly reduce the
time and hassles of administering QDROs. The QPAS
System also includes a fully integrated “Alternate
Payee Database” that will enable your staff to monitor
the status of every alternate payee on your system. The
database contains all pertinent information for the parties
including the substantive provisions contained in the QDRO.
The database also automatically monitors the six and eighteen
month "freeze" periods that are implemented upon
receipt of a draft or certified QDRO. You can also monitor
the 30-day ERISA appeal period upon approval of the QDRO.
Do you know the status of all of your old QDRO files? Are
your old, previously approved QDROs sitting in a rusty file
cabinet awaiting implementation someday? WIth the QPAS
System and its built-in Alternate Payee Database, you can
scan your old QDRO files and documents into the system for
ease of future administration.
Our QPAS System
will also reduce the time it takes for your 401(k) recordkeeper
and actuary to calculate the alternate payee’s share
of the benefits. No longer will they have to reread and
reinterpret the QDRO after it’s qualified. Your QPAS
System will generate a QDRO-Express
Administration Form for use by your recordkeeper
and actuary. The Express Form provides them with all pertinent
QDRO information in checklist fashion to quickly and accurately
perform the necessary calculations of the alternate payee’s
benefits. By reducing the time it takes for them to do the
necessary calculations, your company should see a dramatic
decrease in your third party recordkeeping and actuarial
expenses as they apply to QDROs.
Call us toll-free at (800) 527-8481
to see how we can help your staff expedite the QDRO administration
process. And remember, we can also assist your staff by
providing on-site QDRO
administration training to enhance their skills and
value to the company.