Wrap Error - Cannot be outside or intersect flatten trim boundaries...

I've been using the wrap feature to create a simple reinforcement ring around pipe welded to a pressure vessel.  It's worked fine in the past.  I'm recreating it for a new design and I get the error above.  I was originally modifying an existing wrap (that was working) when I received the error.  I then deleted that wrap and recreated it and still get the same error on the new feature.  Thoughts?

This in a multi-body part environment.  It's basically two circles wrapped around part of a cylindrical face and embossed out a set thickness.  I get correct looking geometry shown in my model so its not completely failing.  But I still get the warning error.

Jim

SolidworksModeling And Assemblies