# Wheeler Retirement Plans LLC

> Wheeler Retirement Plans LLC is an SEC-registered investment advisory firm in Duluth, MN, registered since 2023, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated January 7, 2026.

- CRD: 327889
- Filed as: WHEELER RETIREMENT PLANS LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Duluth, MN
- Filing period: October 2026
- Form ADV filing dated: January 7, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/327889
- AdvisorCensus page: https://advisorcensus.com/firm/wheeler-retirement-plans-llc-duluth-mn-327889

## Quick answers

**How is Wheeler Retirement Plans LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Wheeler Retirement Plans LLC reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees).

**How much does Wheeler Retirement Plans LLC charge?**
Its Form ADV Part 2A brochure dated January 7, 2026 states: Asset-based fee: up to 1% of assets a year (the maximum the brochure states); Flat fee: $5,000 to $50,000 (longer-term consulting projects). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Wheeler Retirement Plans LLC located?**
Wheeler Retirement Plans LLC's principal office is in Duluth, MN, according to its Form ADV.

**Is Wheeler Retirement Plans LLC registered with the SEC or a state?**
Wheeler Retirement Plans LLC is an SEC-registered investment advisory firm, registered since 2023. Status as filed: Approved. CRD 327889.

**How much does Wheeler Retirement Plans LLC manage?**
Wheeler Retirement Plans LLC reports $618,125,975 in regulatory assets under management in its Form ADV filing dated January 7, 2026 (100% discretionary).

**How have Wheeler Retirement Plans LLC's assets and staff changed since 2023?**
In the Form ADV data for Wheeler Retirement Plans LLC: Regulatory assets under management: $0 in the October 2023 data and $618,125,975 in the October 2026 data. Total employees: 1 in October 2023 and 2 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Wheeler Retirement Plans LLC serve?**
By number of clients on Form ADV Item 5.D: pension and profit sharing plans (but not the plan participants or government pension plans) (56); pooled investment vehicles (other than investment companies and business development companies) (22).

**Which custodians does Wheeler Retirement Plans LLC use?**
Wheeler Retirement Plans LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Ascensus, LLC, Fidelity Asset Management, T. Rowe Price Investment Services, Inc. and The Standard as custodians holding 10% or more of its separately managed account assets.

**Does Wheeler Retirement Plans LLC report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/327889

**Does Wheeler Retirement Plans LLC state an account minimum?**
Its Form ADV Part 2A brochure dated January 7, 2026 says: "There is no minimum account size to open and maintain an advisory account."

**What changed in Wheeler Retirement Plans LLC's recent Form ADV filings?**
In the February 2026 filing data: Employees performing advisory functions went from 1 to 2. Regulatory assets under management went from $520,000,000 to $618,125,975 (+19%).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Fixed fees (other than subscription fees)

### Fees and minimums (Form ADV Part 2A brochure dated January 7, 2026)

- Asset-based fee: up to 1% of assets a year (the maximum the brochure states)

> WRP has a maximum of 1.00% for all assets under management (“AUM”).

> Fixed fees for longer-term consulting projects range from $5,000 to $50,000.

- Account minimum: None

> There is no minimum account size to open and maintain an advisory account.

- Flat fee: $5,000 to $50,000 (longer-term consulting projects)

> Fixed fees for longer-term consulting projects range from $5,000 to $50,000.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- Ascensus, LLC
- Fidelity Asset Management
- T. Rowe Price Investment Services, Inc.
- The Standard

Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.

### Regulatory assets under management (Item 5.F)
- Total: $618,125,975
- Discretionary: $618,125,975
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 22 | $171,500,000 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 56 | $446,625,975 |

### Advisory services (Item 5.G)
- Portfolio management for businesses (other than small businesses) or institutional clients
- Pension consulting services

### Firm details
- Registered since: 2023 (3 years)
- Employees: 2 total, 2 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: MN, WI
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- [wheelerrp.com](https://wheelerrp.com)

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2023 | $0 | 1 | September 19, 2023 |
| October 2024 | $313,000,000 | 1 | January 12, 2024 |
| October 2025 | $520,000,000 | 1 | May 2, 2025 |
| October 2026 | $618,125,975 | 2 | January 7, 2026 |

Regulatory assets under management: $0 in the October 2023 data and $618,125,975 in the October 2026 data.
Total employees: 1 in October 2023 and 2 in October 2026.

## Changes in the filing (last 12 months)

### February 2026
- Employees performing advisory functions went from 1 to 2.
- Regulatory assets under management went from $520,000,000 to $618,125,975 (+19%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Wheeler Retirement Plans LLC (CRD 327889): Form ADV filing data as of October 2026.