is this bad?

[old fart]

i recently bought a safariland 568 holster, when i removed the paddle to check the belt attachment i found this bulge, do ya'll think it will pull through?

 

[old fart]

thought i would update, i got a call from a safariland technician. he said everything is fine that all that was is excess leather that was not trimmed when the hole was punched. he said the back of the insert is almost the size of a dime in diameter and would not pull through as it is on the other side of a polymer shell covered in leather. he said if i ever have any problems within the warranty period to send a pic of it and he would send out a new product at no charge. so A+ to safariland customer service.