Abstract: A fastener assembly for attaching a cover to a panel includes a stud assembly mounted on the cover and having a stud extending through an opening formed in the cover. The stud has a shank portion which extends through the opening in the cover, a head portion provided on an upper end of the shank portion, and a cross pin provided on a lower end of the shank portion. A grommet is secured to the cover within the opening of the cover for attaching the stud to the cover. The fastener assembly further includes a receptacle assembly including a receptacle barrel having a cylindrical wall with an interior surface having female threads formed thereon. The receptacle assembly further includes an insert having a cylindrical body with an exterior surface having male threads formed thereon. A helix is disposed between the receptacle barrel and the insert, the helix being fabricated from wire-like material and having alternating large and small diameter loops extending along the length of the helix.