Does pointshop models cause lag?

So player on my server are receiving huge FPS drops and I’m trying to find a few ways to optimize it by removing the unnecessary addons.
I came across a few servers with great optimization and found out that they weren’t using headgears for pointshop.
So I’m here to ask if the headgears in pointshop would cause clients FPS to drop.
I turned on net_graph when my server was full and there were tons of red spikes, which stated “entities” at the bottom. Would the pointshop
headgears play a big part of the red spikes?

Models on their own, unless you have hundreds, shouldn’t cause a large amount of lag.