Single/Multiplayer, Touch & Vive blueprint only Template

I used an early version of your template back in 2015 and it worked very well. I’m trying to build a new project and wanted to test your newest version, but I’m having some very bad lag issues. I’ve downloaded the latest version of the project, opened the source project, and followed all directions on the PDF for Steam connection. When I package the game, it’s absolutely unplayable in terms of framerate. It is extremely choppy. Whenever I run it in the editor, however, it runs perfectly smoothly. I also noticed that the lag is a tiny bit better when steam is closed, but still unusable. My specs are:

Windows 10
NVIDIA GTX 980
Intel i5 6600K
8g RAM

I have the latest NVIDIA drivers/Steam/Oculus software. I’ve attached my console output during packaging. Any ideas of what could be going on? Thanks so much.

UPDATE: I downloaded version 3.3 and everything seems to be working perfectly. Not sure what’s making the newest one run poorly.