Yes, of course.
I faced this kind of issue after I had used a "migration tool" Cisco to CheckPoint, this tool created 3 groups with more than 10000 objects inside, after import this database to CheckPoint management server I faced a big delay and slowness to navigate in this objects and problem to install policy "Failed Load Module". The slowness to open this kind of object was too weird, so I decided to delete this object, after that the management server back to normality. In the end I splitted this objects in two differents, problem solved .