Disclaimer: amateur mechanic, not an engineer of any kind.
I just bought a spring compressor for my car. It's the factory recommended type so I'm assuming it's strong enough, but I'm wondering exactly how strong - since it looks (to my untrained eye) like there's a clear weakest link. The spring gets sandwiched between cast iron plates. The bottom plate rests on a threaded handle that looks really thick and sturdy. The top plate however is held in place by a hemispherical piece ('Upper Ball' in Figure 1), which is in turn held onto the main shaft by a small dowel pin ('Pin' in Figure 1). The upper ball fills a tapered hole in the upper plate, which presses down onto the coil. Everything seems like a well-machined fit - the pin slides in easily with no play.

Here's an image of the actual pieces:

The pin is 7.75mm in diameter and 56.0mm in length. The upper ball has an ID of 18.6mm and an OD of 44.3mm, so during use the pin sticks out both sides as per the image. I can't tell what it's made of, but I'm assuming either grade 5 or grade 8 steel or the equivalent metric grade.
Two questions:
(a) am I correct in assuming that this is the weakest part of the assembly?
(b) is it possible to calculate an approximate yielding/breaking strength of this part of the assembly, assuming either grade 5 of grade 8 steel?
For reference, the total force I would routinely put on this compressor is 1000 lbs (~4500 N).