I think it likely there are two concurrent reasons: 1) is that users with SSDs aren't AS affected by the issue thanks to the speed delta of SSD over HD, they just don't "feel", it and 2) I had been tracking a performance issue with hard drive based iMacs (all 21", 2011s and 2012s) running 10.13.3 since late 2017 that I –think– traces to a "bad" Security Update in early December. The signpost_notificationd issue DEFINITELY showed up in 10.13.4, and has made the "performance" issue worse for older hard-drive-based Macs. I am not personally on 10.13, mostly because it started out as a dumpster fire and I'm already on an unsupported 2009 13" MacBook Pro (with 2TB of SSD storage) happily with 10.12, and I had an across-the-board "don't upgrade to 10.13" order with my clients. So I simply wasn't bothering to track issues with 10.13 until two iMacs showed up, both with similar 10.13/12/02/2017 Security Update "histories" and an extreme slow-performance issue.
If you're handy with Terminal, you can do a "softwareupdate --history --all" (might need to sudo, or be an Admin, not sure) and get a list of all the updates that have been run on a machine; look for a SU_TITLE on or around 12/02/2017. I'm wondering if we might not find a commonality that the "seed" for this got planted some time back with a bad silent update that Apple pushed and then silently "updated" (which happens more than Apple admits). I was seeing a ton of sandboxd DENY and fsevents DENY errors in the /tmp/ directory that looked like the system was improperly not allowing a "silent" security update to complete, though I'm now wondering if some of them might not have something to do with iCloud Safari Continuity syncing. The "companion" updates run on the same date/time was Security Update 2017-001, and an XProtectPlistConfigData update and MRTConfigData update; those last two usually coincide with a Gatekeeper Configuration Data, but this time did not. 5 days later on 12/07/2018, all three got updates. Looked like a silent "patch" to me. Which might have failed. And any machines that had "missed" the 12/02 updates might not have had a "bad seed" get planted, or a "ticking timebomb", whichever simile you prefer, and are running fine. But I don't know for certain; I only have seen these 2 units and I'm still warning people off of updating to 10.13 entirely.
Basically, 10.13 is stuck on stupid and Apple a) doesn't pay me to do their QA and b) doesn't even respect my effort enough to provide adequate... no ANY! resources to help them diagnose their bugs. Ergo, I mostly have given up.