American Benefit Evaluators, LLC - QDRO Drafting, Administration and Pension Valuation `

Fees and Forms

1. Please provide a Basic Case Information Sheet for each case you request services for. You need only provide this information once. You can fax the necessary forms to 440-248-3585 for both the Cleveland and Tampa offices.

2. Download any additional forms listed below that are needed that correspond to the service you wish to request.

3. Fax, email or mail all forms and information. Mail or call in your payment at this time. If you have an account with us, you can make your payment online.

4. ABE will process your order and have the results to you as soon as possible. We may need to contact you if additional information is needed.

FormsBasic Case InformationDescription
Word Format

PDF Format
Basic Participant, Alternate Payee and Attorney InformationPlease provide as much information as you can. Dates of birth, marriage and seperation are important when calculating marital portions or completing other Orders
FormsServiceFeeDescription
Prepare Evaluation of Pension Benefits400Determine the marital portion of the present value of pension benefits based on the following three approaches:

1. Benefit accrued as of the date of divorce payable at the Planís normal retirement date;

2. Benefit accrued as of the date of divorce payable at the Planís earliest retirement date;

3. Projected benefit payable at the normal retirement date assuming increases in future pay and service.

While our recommended value is based on the first approach, we realize that during the court proceedings it might be helpful to know the values based on the other two approaches.

Determine Savings Plan Account Marital Portion400Upon obtaining prior quarterly account balance statements we will estimate the split of the current account balance between marital and pre-marital assets. The statements must reconcile the change in the account balance recognizing contributions made, investment income earned and withdrawals and/or benefits and expenses paid during the quarter. Other periods of time can be used such as monthly statements or annual statements. The fee charged will depend on the number of statements that must be reviewed in the analysis.
Social Security Evaluation400Determines the present value of assumed Social Security old age benefit payable to both parties in the divorce reflecting the benefits earned before, during and after the marriage.

Please have the both parties set up or access his/her online account with Social Security and request a Social Security benefit statement including a listing of their wage history using the web site https://secure.ssa.gov.

We are not allowed to obtain this information on behalf of the parties.

DROP Analysis300Prepare analysis of Ohio Police and Fire DROP account over 8 year period of coverage.
Prepare Judgement Entry Language500One of the most overlooked yet highly critical aspects of pensions in a divorce is the language used in the judgement entry. Once the parties have agreed upon the judgement entry, the QDROs or Government/Military Orders must agree with it. Our goal is to help the attorney identify the important issues in the retirement benefit portion of the judgement entry so that there are no issues when it comes time to drafting and submitting the Orders.
Word Format

PDF Format
Defined Contribution QDRO500We will draft the order consistent with the divorce decree while protecting the benefit rights of the attorney's client. We will make sure the attorney is familiar with and understands the key provisions of the plan that have a significant financial impact.

Particular attention will be placed on the inclusion or exclusion of investment gains/losses and loan values at the time of segregation that occurred before, during or after the marriage.

There is a discount of $100 for each QDRO we draft after preparing an initial QDRO for a case.

The fee of $500 includes a $100 fee for discovery if ABE must retrieve information from the Plan Administrator.

Word Format

PDF Format
Defined Benefit QDRO500We will draft the order consistent with the divorce decree while protecting the benefit rights of the attorney's client. We will make sure the attorney is familiar with and understands the key provisions of the plan that have a significant financial impact. Particular attention will be placed on what is the effect on assigned benefits in the event of the death of the Participant and/or Alternate Payee both before and after benefits commence, whether the Alternate Payee is entitled to early retirement subsidies and/or supplements and post-divorce plan improvements. There is a discount of $100 for each QDRO we draft after preparing an initial QDRO for a case.

The fee of $500 includes a $100 fee for discovery if ABE must retrieve information from the Plan Administrator.

Ohio Police and Fire Pension Fund (OP&F)

Ohio Public Employees Retirement System (OPERS)

Ohio School Employees Retirement System (SERS)

Ohio State Teachers Retirement System (STRS)
Division of Property Order (Ohio Only)400We will draft the DOPO consistent with the divorce decree and assist the requesting attorney in determining the percentage to be assigned to the Alternate Payee reflecting the impact of the following:

1. Social Security offset

2. Other agreed upon offset

3. Differences in age and sex on life expectancy

4. Joint life nature of assigned benefit

Our DOPO will include as a separate attachment a Judgment Entry for the assignment of post-retirement survivor benefits where the percentage of the Participant's reduced monthly benefit assigned to the Alternate Payee will be determined after a discussion of the alternatives with the requesting attorney.

Expert Testimony1500Please provide an explanation of the issues that are being debated. The fee is $1,500 per day of testimony covers case preparation, travel time and the actual testimony. An initial deposit of $1,500 is necessary to hold the date. If the request for our services is cancelled within 4 business days of the scheduled court appearance, all but $200 will be refunded. If the request for our services is cancelled more than 4 business days prior to the scheduled court appearance, the entire fee will be refunded.
Update Pension or Social Security Evaluation100An additional evaluation is developed where the present value of benefits is determined where either the assumed retirement date is changed or another set of assumptions is used.
Review Evaluation of Pension Benefits Obtained by Opposing Council400We will do a full review of any present value calculation of pension benefits that was prepared by or for opposing council and compare it to our own results. Generally, in addition to checking for errors, we will also look at the methodology used in the calculation and inform you of anything we may not agree with and why.
Review Marital Portion Calculation Prepared for Opposing Council500Please provide the calculation that was prepared for Opposing council and all supporting statements. We will review the work performed and compare it to the results we get.
Review Judgement Entry Language.400We will look at the language that was prepared and make sure the interest of your client is fully described so that when it comes time to draft the QDROs, important issues have already been identified and explained.
Review of QDRO prepared for/by Opposing Council400We will thoroughly review any Order that was prepared for or by the opposing council to insure the order drafted satisfies ERISA requirements and your client's interests.
Other - Special Service RequestTBDPlease give an explanation of the services you are requesting. We will contact you with an estimate of fees to perform the work requested.