Yes, you are correct. I have lots of experience pulling trailers and some were pretty big. Also grew up on a farm so I've been backing up equipment for 45 yrs. No worries there. Although I did get the corner of my 25' enclosed sled trailer into the corner of my truck once when we hit black ice at 60 and ended up looking the wrong direction on the freeway once.
As far as hitches, I found a lightly used B&W 3300 companion with the Ford pucks and am picking it up saturday. I appreciate all the good advice from everybody.