I got better performance without the load balancer.
Results when I run 'ab -k -n 10000 -c 1000 http://vm_host_ip_address:8010/' with no balancer...Requests per second: 416.16 [#/sec] (mean)Transfer rate: 35391.87 [Kbytes/sec] received
Results when I run 'ab -k -n 10000 -c 1000 http://vm_host_ip_address:8010/' with balancer configured...Requests per second: 644.04 [#/sec] (mean)Transfer rate: 56155.42 [Kbytes/sec] received