A bearing preload adjuster assembly can include a first annular member defining a first outer wall having a threaded region and a first inner wall having a plurality of first ramped surfaces formed thereon. The first outer wall can threadably engage a corresponding threaded region of an axle assembly. A second annular member can define a second outer wall having a plurality of second ramped surfaces formed thereon and can be received in the first annular member such that the second outer wall faces the first inner wall. A biasing member can bias the second annular member in a first axial direction such that the plurality of second ramped surfaces are in selective meshed engagement with the plurality of first ramped surfaces. A retaining member can be coupled to the first inner wall and can retain the biasing member and second annular member within the first annular member.