I am wondering if someone could look at my workflow and let me know if it looks right.

I edit the master sequence in Premiere CS6
I then group the entire sequence and REPLACE WITH AFTER EFFECTS COMP
In After Effects CS6 I work in 16bit and do all my coloring and effects.
Going back into Premiere I now have a Premiere Sequence that is ready to be mastered out.

Does this look right to everyone?
Thanks
JDL