Tristar Pension, Ltd.
- Henna PatelDirector of Administration · Company website
- Allyson RentschPractice Manager · Company website
- Rachel WaitinasSenior Retirement Plan Consultant · Company website
- Abby BrownSenior Retirement Plan Consultant · Company website
- Josh BrownSenior Retirement Plan Consultant · Company website
How we got $5.1M
Based on its 12 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 4% 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.
Employees over time
▲ 8% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 12 | $4.0M |
| 2020 | Form 5500 | 7 | $2.3M |
| 2021 | Form 5500 | 8 | $2.7M |
| 2022 | Form 5500 | 10 | $3.3M |
| 2023 | Form 5500 | 11 | $3.7M |
| 2024 | Form 5500 | 13 | $4.3M |
| 2025 | Form 5500 | 13 | $4.3M |
Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.
What we know
Signs of a sale Likely to sell
- In business 27 years (since 1999)
- Founder still runs it after 27 years
- No family successor named on its website
From public records and the company's website, not a statement that it's for sale.
What they do
Tristar Pension Consulting provides retirement planning and pension consulting, including custom retirement plan design and administration for business owners and their employees. It says it has over 25 years of experience.
From the company's website. Industry: Financial advisors.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| TRISTAR PENSION, LTD. this business | $4.2M | — |
| HUGHES WARREN INC Oklahoma City · 4 employees | $2.1M | 0.0 mi |
| INOVEST INC Oklahoma City · 3 employees | $2.1M | 0.3 mi |
| ELF SHOE CAPITAL INC Oklahoma City · 2 employees | $1.6M | 0.4 mi |
| LEGACY FINANCIAL ADVISORS LLC Oklahoma City · 1 employees | $610K | 0.6 mi |
| HALIFIN, LLC Oklahoma City · 1 employees | $605K | 0.7 mi |
| REMINGTON MANAGEMENT LLC Oklahoma City · 9 employees | $3.6M | 1.4 mi |
The full calculation
| Employees reported to the SBA | 12 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $5.7M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.4M |
| Estimate: the two combined (geometric mean) | $4.2M |
| EBITDA margin (industry, adjusted for size) | 35% |
| EBITDA = revenue × margin | $1.5M |
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 | $5.1M |
| Multiple for this size and industry | 3.4× |
| Value range | $2.7M – $7.0M |
| Revenue range | $2.8M – $4.8M |
| EBITDA range | $986K – $1.7M |
| Industry (NAICS) | Other financial investment activities (523930) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
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
Advisors
- BankingFirst-Citizens Bank & Trust CompanyPPP / 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
| First-Citizens Bank & Trust Company PPP 2020 | All 78 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/13/2020 | first | $108K | 12 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Tristar Pension, Ltd.
Tristar Pension, Ltd. is a financial advisors company in Oklahoma City, Oklahoma, in business since 1999. It is owned by Shannon Edwards (Founder). Its estimated annual revenue is about $4.2M, with roughly $1.5M of EBITDA. It has about 13 employees. Its estimated business value is $5.1M (likely range $2.7M–$7.0M).
Common questions
- Who owns Tristar Pension, Ltd.?
- Tristar Pension, Ltd. is owned by Shannon Edwards (Founder), according to public sources such as the company's website or filings.
- How much revenue does Tristar Pension, Ltd. make?
- SeeBITDA estimates Tristar Pension, Ltd.'s annual revenue at about $4.2M (likely between $2.8M and $4.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Tristar Pension, Ltd. worth?
- About $5.1M, roughly 3.4× its estimated EBITDA of $1.5M, typical for a financial advisors company its size. Likely range: $2.7M–$7.0M.
- How many employees does Tristar Pension, Ltd. have?
- About 13, from its 2025 retirement-plan filing.
- When was Tristar Pension, Ltd. founded?
- Tristar Pension, Ltd. has been in business since 1999.
- Is Tristar Pension, Ltd. for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 27 years (since 1999); founder still runs it after 27 years; no family successor named on its website.