I'm answering you although I know you asked the question to someone else. However, what you say also concerns others here on this thread and on this forum.
- On a less-than-one-year-old iMac 27inch 5K - 40GB RAM - 1TB Fusion Drive (with an SSD blade of a mere 28GB) it takes 3,5 to 4 (four!) minutes between the startup progress bar appearing and any app becoming totally responsive. The login screen appears more than 1 minute 30 seconds after startup. The desktop background (!) appears 2 minutes after startup. The menu bar appears 2m20s after startup. The desktop items (just two...) appear 2m40s after startup. And apps become responsive and react swiftly only after 3m30s - 4 minutes. This would be "acceptable" if we were talking about a computer that is over 10 years old, not one that is less than one year old.
- The Fusion Drive is 1TB large. The HDD is 1TB, the SSD is 28GB...
- The HDD rpm speed is 7200. Now even if the HDD rpm would be less, in my own very long experience with both types of drives, the difference in startup time would be minimal (10-15 seconds perhaps) and that difference would certainly not explain the 3,5-4 minutes it takes to boot Bug Sur.
As you clearly prove yourself by citing the boot times of a 3 year old iMac with pure SSD drive, Bug Sur is NOT COMPATIBLE with Fusion Drive systems as it makes the SSD blade choke on booting and loading the Bug, sorry, the Big OS.
And no, before you ask and as you have asked me this before: there are no anti-virus apps or third-party apps that clean, speed up or do whatever nonsense on my system. It's clean, it has only reliable launch daemons and launch agents, and no login items are being loaded by the single user account.
I have reported this to Apple 5 (five!) times, right from the release of 11.0.1 onwards. They reserve the right to be silent, and to censor me.
Signed by a customer of Apple since 15 years, who is thoroughly disappointed about the behaviour of all those who are responsible for the problems he is experiencing with his one year old 27inch 5K iMac. Some of us have given up and accept this unacceptable problem. I will not. I want a full refund or a trade-in.