Dropping a lot of frames when Adobe SRT is turned on

Steps to reproduce:
    1.  Check the video stream next to Adobe SRT in the Settings > Playback.  Try to playback a Pro Res 422 23.976p HD 1920x1080 file with 4 channels of audio.  If I uncheck Adobe SRT the file plays back with out dropping frames.
 
Result. Dropped 154 frames in 5 seconds.  This happens consistently, tried many times.
Expected: No dropped frames. 

System info
    Application: Premiere Pro (Beta) v23.5.0.24
    OS: macOS v13.0.1, RAM: 16.00 GB GB, CPUs (logical): 8