Hello @Anonymous,
I have modified your model. I removed all threads, but the main reason the simulation failed was a small face in the load cell. Solver is not able to handle it. I removed that face and after that split it in order to apply force on the outer area of the new face. The model was calculated without any error and the computation time is now very reduced.

Also, I think we don't need separation contact between plate and load cell. I added separation contacts between bolt, load cell, and washer.
I applied frictionless constraint on the cylindrical face of the load cell. I assumed, in reality, it can only move along the bolt and other directions of movements are not allowed. But you have to decide it is ok for this design, I don't know how it looks in real. This constraint pretty sure will stabilize the model, but here we have mainly tensile loads, so the model should be stable by nature.

If you want to be more accurate regarding the strength of the bolt, you can change the diameter of the bolt which corresponds to the "tensile stress area". Below I attached this expression. From that, you can extract the "working diameter" of the bolt using the formula for a surface area of a circle.

Here is the link to the modified model:
https://a360.co/2V14f4A