904 Torque Converter question - free moving part inside?

So just curious, what is that edge of what is some type of spacer/disc down inside of my Hughes torque converter? (edit: it's in the upper left in the photo, and it will move around freely as you tilt the converter.) The factory one doesn't have this as far as I can tell. Just making sure this isn't a sign something is wrong with the Hughes one.

I've already been researching on internal components of torque converters but can't find anything that addresses this.

Thanks