On the TJ the stock bumper mounts are substantial with nicely welded seams to the box. They appear stronger than the rest of the bumper.
Why a concern? The working strength of a 3/8 bolt exceeds the rest of the components. and the applied loads.
It is first-grade towing sense that you don't hook up loads larger than the lowest-rated component of the tow vehicle (GTWR, hitch, drawbar, etc), which in this case is a conservative 1000 lbs for a shop-built bracket system.
If one holds that you should not install a hitch with a lower capacity than an ignorant or careless user might someday attempt, then there is no such hitch.