I believe the use of the ring is for 2 reasons:
1. So the assembly was less hassle, no washers to worry with.
2. To preclude the bolts from digging into the flex plate and causing cracking, which they did anyway, but not around, or because of, the bolts.
I'd always run something between the bolt head and the flex plate, or flyweel on these trucks and I'd recommend loc-titing them in, too.
Mark.
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