Advantage Benefits Plus LLC
How we got $641K
Based on its 7 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 37 years (since 1989)
From public records and the company's website, not a statement that it's for sale.
What they do
Advantage Benefits Plus LLC administers employer-sponsored flexible benefit plans, including FSAs, HSAs, HRAs, premium-only plans, and qualified transportation benefits, for employers and their plan participants.
From the company's website. Industry: Insurance agencies.
Customers & suppliers
Suppliers & brands
- WEX · brand it sells or installs
Estimated value over time
▲ 21% since 2020Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| ADVANTAGE BENEFITS PLUS LLC this business | $1.1M | — |
| GLR PROFESSIONAL SERVICES INC. Edmond · 1 employees | $160K | 0.0 mi |
| Baldwin & Vandenberg, PC Oklahoma City | $1.5M | 0.0 mi |
| ROSE ROCK CPAS PLLC Edmond · 13 employees | $3.2M | 0.1 mi |
| L.E.O., INC. Edmond · 3 employees | $842K | 0.3 mi |
| ENSO CONSULTING LLC Edmond · 2 employees | $400K | 0.7 mi |
| MORAN & REED PLLC Edmond · 11 employees | $2.1M | 0.8 mi |
The full calculation
| Employees reported to the SBA | 7 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $922K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.0M |
| Estimate: the two combined (geometric mean) | $1.1M |
| EBITDA margin (industry, adjusted for size) | 20% |
| EBITDA = revenue × margin | $221K |
Figures are shown toward the upper part of their range rather than at its middle.
Brought up to date assuming revenue has grown 8% a year since 2020, when the PPP figures were reported; included above.
| Estimated value = EBITDA × typical sale multiple | $641K |
| Multiple for this size and industry | 2.9× |
| Value range | $337K – $877K |
| Revenue range | $733K – $1.3M |
| EBITDA range | $145K – $252K |
| Industry (NAICS) | Pharmacy Benefit Management and Other Third Party Administration of Insurance and Pension Funds (524292) |
EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.
Benchmarks: US Economic Census 2022, OK. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
History & advisors
“Advantage Benefits Plus, LLC, formerly known as George S. Newton & Associates was founded in 1989 and is currently based out of Edmond, Oklahoma.”
Advisors
- BankingBOKF, National AssociationPPP / SBA lender
From the company's own website and public filings (DOL Form 5500, IRS Form 990, SBA). Roles are as stated there and may be out of date.
Banking relationships
| BOKF, National Association PPP 2020 | All 2,399 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/27/2020 | first | $54K | 7 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Advantage Benefits Plus LLC
Advantage Benefits Plus LLC is an insurance agencies company in Edmond, Oklahoma, in business since 1989. Its estimated annual revenue is about $1.1M, with roughly $221K of EBITDA. It has about 7 employees. Its estimated business value is $641K (likely range $337K–$877K).
Common questions
- Who owns Advantage Benefits Plus LLC?
- The owner of Advantage Benefits Plus LLC isn't in public records we've found yet. If you own or run the business, you can add or correct its details on SeeBITDA.
- How much revenue does Advantage Benefits Plus LLC make?
- SeeBITDA estimates Advantage Benefits Plus LLC's annual revenue at about $1.1M (likely between $733K and $1.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Advantage Benefits Plus LLC worth?
- About $641K, roughly 2.9× its estimated EBITDA of $221K, typical for a insurance agencies company its size. Likely range: $337K–$877K.
- How many employees does Advantage Benefits Plus LLC have?
- About 7, as reported on its PPP loan.
- When was Advantage Benefits Plus LLC founded?
- Advantage Benefits Plus LLC has been in business since 1989.