The socket assembly includes a housing that presents an inner wall which surrounds an open bore. A stud is partially received in the open bore with a bearing interposed between the inner wall and the stud. The bearing has a bearing piece, which is in surface-to-surface contact with the stud, and a preload piece which is elastically compressed to impart a biasing force on the bearing piece, thereby preloading the bearing piece against the stud. The preload piece is in an overmolded engagement with the bearing piece to securely couple these pieces together such that the bearing can be inserted into the open bore of the housing together as a unit. The bearing and preload pieces are made of different materials with different elasticities.