Need help evaluating set up and choosing hitch hardware

I don't know as it's too much for your truck but there are a few statements that are not necessarily correct. Tongue weight is a variable number usually between 10% and 15% it is always a good idea to plan for the maximum when it comes to weight numbers. The tongue weight and your available payload are the numbers you need to watch closely. Your truck is a tow beast so performance should not be an issue. Good luck with the new trailer / skip