It depends on the thumb drive, but, no, it is not normal with a decent thumb drive. However, when you say archived, do you mean that all of them were archived to one file or were they archived individually? That makes a huge difference. Even SSDs struggle copying lots of small files.
I don't have 4 GBs of archived receipts on hand to replicate your test, but I used a 6 GB Mojave installer, which is a reasonable facsimile of many files in one archive. Using the Corsair Flash Voyager X2 that I have lying around on my desk it took about 2-3 minutes. To be fair the initial estimated time remaining was reported as 7 hours for the first few seconds of the operation.
This was somewhat pricey compared to the usual bargain bin ones, but it also probably about 4 years old, if not older.
Flash Voyager Slider X2 is a compact USB 3.0 drive that doesn’t sacrifice size for performance.
www.corsair.com
(Also I only used a 32 GB one and the read / write specs are lower with lower capacities)