Steps to reproduce :

- import the project attached
- open the scene and press play
- find Elum_Target in the Hierarchy and notice axis of the point appears between the feet
- open the .max file found in the project folder and notice the up axis of the point has a different possition

*Note :
Screenshot attached in the user's reply.

Explanation :
This is normal because you are using a humanoid rig which retarget the motion and then compute a new root position from this data, since your Elum_Target transform is parented to the root, the final position is not the same.

IF you want to same exact motion, change your rig type to generic.