You cut off the right hand side of the image... Turn the action so one can see underneath all the way back to the tang. It looks like you just have a small area for bedding behind the recoil lug. Curious what you have back at the tang.
BTW, insert the action screws so one can see where it is going to be held down too.
I would not be inclined to bed that ring, it is too far forward of the action to do anything good...
I think with actions with so little bearing area (from what I can see) one would have better success if you could make a 1/8" thick aluminum bedding block that fits the action precisely and then epoxy that into the stock. That would reduce the direct bearing load on the wood and make the performance more repeatable.
Here is the action and bedding block from a TC Icon