UAT Inc. has developed a 401(k) tool for sponsors offering target-date funds that will allow them to scrutinize the holdings and glidepath of the funds.

“The inability to see holdings in real time has put undue pressure on compliance personnel who supervise target-date funds,” said Tom Warren, president of UAT. The Unified Compliance and Control System from UAT “provides the necessary real-time transparency to deal with this supervisory shortcoming in a cost-efficient manner.”

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