No, you are not being compared to other people who took the test on the same date as you. Your percentile rank scores are based on a group of first-time examinees who took the test between October 2004 and May 2007. The large jump in percentage is attributed to how high both you and your friend scored. If you made a 435 and ranked 85%, but your friend scored a 437 and ranked 90%, it is due to a bell-curve effect. As the percentages get higher, you will need to answer less questions correctly to achieve a higher percentage.
For example, if the "average" is around 70% you will need to answer more questions correctly (let's say 8 questions) to move from a 70% to a 75% than you will to move from a 90% to a 95% (in this case, maybe 2 or 3 questions) because there is less competition as you move up the percent scale.