Does this happen when you do the same bounce through your mix bus? I mean to solo that track and do the same bounce through a bus.
Plug-in delay compensation works by proportionally delaying every plugin with a shorter latency to equal the plug-in with the longest latency. Actually, the path with the largest cumulative plug-in chain latency.
So it’s an interesting question you are posing. There’s nothing to comparatively delay within a single track. I’m thinking there is a compensatory mechanism built into the buses since that Is the only path wherein you could have an inequality between channels in the cumulative latency of assorted plugins. That same compensating mechanism may not be built in to a single track when bounced outside of a bus.
I’m just thinking out loud so you guys tell me if I’m making any sense.