The metal tab looks like a hanger or mount of some sort. The wires that it's attached to...the ones all coiled up...where do you have those connected? What do the ends of those wires look like?
The ends of the spark plugs wires, the big ones, you just screw a new spark plug cap onto the end. Slip the small rubber boot on and push it up the wire, screw on the plug cap, then pull the boot down over the end of the cap.
There are two different spark plug caps for the 500/550. One style for cylinder 1 and 4, one style for cylinder 2 and 3.
You don't need to cut, strip or crimp the caps onto the wires.
You *probably* don't need to do anything to the smaller wires, but show us the ends of those first, please.