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What is the Cost for a Retirement Plan Administrator to Process a QDRO? Recent changes to federal law now allow a retirement plan administrator to charge a reasonable free to review and determine whether a QDRO can be processed as a valid court order. Although many retirement plans still do not charge anything, some are now charging $300 to $1,200 per QDRO to review them. If the QDRO has to be revised, additional charges can apply. So, a QDRO should probably include an allocation (such as 50-50) of the cost of any such review fee. And the initial draft should be done carefully to avoid any additional fees for the need to review a revision. Our fees are still in the $275 to $300 range for most plans. |
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