Rekordbox won't recognize playlists from device in Performance Mode

0) Have you read the "READ ME FIRST" thread in its entirety AND TRIED THE SOLUTIONS THERE before posting:  Yes, I swear it!
1) Operating System: OS X 10.12.2
2) OS Type: 64bit / 32bit ?
3) rekordbox version: 4.2.5 rev9056
4) Using LINK:  No
4b) LINK Connection method: N/A
4c) Using with CDJs: No 
5) Source Hard drive / Flash drive / SD card file system: FAT32 
5b) Connection type: USB3.0 adapted to USB-C
5c) Does the device have multiple partitions: No 
5d) If it's a flash drive, is it a U3 device: Unsure (SanDisk Extreme)
5e) With what utility did you format the device: OS X
7) Have you scanned your files for errors: Yes
7b) Have you scanned your drive for errors: Yes
8) Is rekordbox crashing at all: No 
8a) If crashing, is it resulting in: N/A
8b) If not crashing, are there any error messages: No 
9) Are you able to repeat / reproduce the problem: Yes
9a) If yes, can you do it consistently: Yes
10) Does the problem occur with one specific song: No 
10a) If yes, please post a link to it:
11) Any other notes regarding your setup only:
12) Provide as much detail of the issue here:

I exported playlists using Sync Manager to a SanDisk Extreme USB 3.0 formatted to FAT32 with a Master Boot Record map using the . This USB drive is connected to my Late 2016 MacBook Pro via USB-C to USB-B adapter. There seem to be no problems on export, and while checking in Export Mode on Rekordbox, I am able to see all playlists just fine on my USB drive under the 'Devices' tab. When I switch to Performance mode, I can no longer access any playlists or music on my USB drive. There is no longer a 'Devices' tab, and I must find my USB drive in the 'Explorer' tab. Attached is a screenshot of the files that I am able to find in my USB drive in the 'Explorer' tab (named WVLF).
As one can see, the 'rekordbox' folder is empty, and the 'USBANLZ' folder is full of folders named 'PXXX'. Each of these 'PXXX' folders have a few folders named with seemingly random characters, which are also empty. There are no other folders visible except 'Artwork' (which doesn't contain my music either).

When viewing my USB drive in Finder, it contains two folders: one named 'PIONEER' that has all the aforementioned "nonsense" files, and another named 'Contents' that contains all of my music organized by artist, but unfortunately no playlists. 

Please get back to me and let me know what's going on and how to solve the problem. Thanks