Thomas Kmak Email & Phone Number

Tigard, Oregon, Us

Fiduciary Decisions is recognized as the industry’s leading services for benchmarking retirement plans. Started in 2007 by several industry experts, the company now has hundreds of the industry's most respected retirement plan service providers using our patented benchmarking service to protect their clients and improve outcomes for participants.The company rebranded to Fiduciary Decisions in 2021 due to a number of new services including the Business Management Dashboard - a comprehensive overview of a retirement plan Advisor's business, their plans and their participants. The company also has an interactive plan design tool that allows retirement professionals to make changes to plan design and see the resulting impact on participation rates, deferral rates, the employer's budget as well as the employer's paycheck - literally in seconds. Fiduciary also has a fully compliant, simple and flexible IRA Rollover service designed to be compliant with FINRA 13-45, SEC Reg BI and the recently released DOL PTE on Advice.In summary, the company specializes in developing tools that require independence, a comprehensive solution in an easy-to-absorb informative format.

JPMorgan Retirement Plan Services is one of the largest and most prestigious recordkeepers in the country. I started that business in 1990 with 4 other employees as part of Twentieth Century Investments in Kansas City, Missouri. JPMorgan purchased the entire business in June of 2003. When I left the firm as CEO in October of 2007, RPS had ovef $115 billion in AUS, 1.5 million participants and 1,100 employees. It was an incredible experience to help build this business with so many talented professionals at American Century and later at JPMorgan.

New York, Ny, Us

Started as a defined contribution consultant in the Kansas City Office. When I left the firm as an associate that was responsible for the DC practice in early 1990, the firm had approximately 25 recordkeeping clients in a balance-forward environment. I left the firm because I was convinced the industry was going to make a major move towards daily valuation with larger mutual funds.

At Midwest Commerce Bank I was responsible for the recordkeeping division of the trust consulting business in Elkhart, Indiana. This was my first management position and also exposed me to the banking/trust/custody side of the business.

Chicago, Illinois, Us

First job after college. Used computer and numerical aptitude to work on a variety of projects including: - System selection study for a large bank holding company - Industrial Engineering Study for a large bank - Helping a pet products company use rank factor analysis to determine a new location for a manufacturing plantLast two years were spent being introduced to the employee benefits business by a senior consultant from Mercer. Projects included Total Benefit Approach studies, pension calculations, pension valuations and 401(k) work. Passed first actuarial exam in calculus.