Press Release

The Cerrado Group Announces Tristar Pension Consulting as Newest Member Firm

Issued by The Cerrado Group

Dec. 18, 2024

NATIONAL – The Cerrado Group is pleased to announce that effective December 20, 2024, TRISTAR PENSION CONSULTING will become a member firm of the group. The firm was founded more than 25 years ago, and its CEO is Shannon Edwards. Headquartered in Oklahoma City, Oklahoma, the firm has grown to become one of the most respected firms in the region, serving plan sponsors of every imaginable size and type.

TriStar CEO Shannon Edwards notes, “I am truly excited to be joining The Cerrado Group. It is a wonderful opportunity to join together with an amazing and innovative group of independent third party administration firms. The opportunity to share ideas, talents and resources with other respected business owners is an opportunity I could not pass up.”

Cerrado Group member Amanda Iverson CEO of Pinnacle Plan Design says, “We are thrilled to welcome TriStar Pension Consulting to The Cerrado Group. Having known Shannon personally, I am confident that she and her firm's expertise and innovative approach will greatly enrich our consortium. The collaboration and shared knowledge within our group of independent TPAs will undoubtedly grow with the addition of Shannon and her team, leading to even greater success for all our members.”

The addition of TriStar Pension Consulting continues The Cerrado Group’s goal of representing the best that the industry has to offer, both from a service and industry wide knowledge base point of view. Member firms have a footprint that covers a significant portion of the nation, and they service retirement plans of all types, that total more than $25 billion in assets under management in over 15,000 plans and serving more than 600,000 participants. The Cerrado Group continues to grow organically as new member firm applicants are identified and vetted for inclusion. Making a continuing impact on the industry, members can be seen speaking at industry events, sales meetings, educational forums, and industry webinars, sharing their knowledge and expertise with other firms, advisors, and employers.

About the Cerrado Group:

The Cerrado Group was founded by Nine of the nation’s preeminent Third Party Administrator (TPA) consulting firms. This member only, 501(c)(6) Trade Association was established to offer an entirely new approach to the highly specialized work of retirement plan design, reporting, compliance, administration, and industry education. The Cerrado Group members, while remaining independent regional operators, actively combine their vast resources to fully serve the retirement plan industry at large.

Website: www.CerradoGroup.org

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