Abstract: A ferrule (10) that is intended to be cast into a concrete element, such as a concrete panel. Engaged with the ferrule (10) is a washer assembly (22) that secures a plate (19) to the concrete element (16) for the purposes of securing the concrete element (16) to an adjacent concrete element (17). The washer assembly (22) has a threaded fastener (21) that can be adjusted angularly for engagement with the ferrule (10).