Help with results????

Hi, I have been using solidworks for a couple of months now and my work just upgraded to the premium package, i think i have managed to test a spreader beam but im haveing an issue with the results. The factor of safety is above 1 but its still red? i read on the solidworks website that if its above 1 then its safe and my model was at 383 but its still red, does this means it fails or ....? im quite confused. as well as the deflection?????? it looks crazy???? is that what would happen or could happen at the total worst possible outcome?????

Please see attched file for the results.

Thanks

any help would be much appreicated.

SolidworksSimulation