I hate to resurrect an old thread, but I'm having the same issue: 20.1 2020 i7 iMac, 2133mhz speed RAM. If need be, I'll start a new thread.
Brief history: I have been having trouble with this Apple Refurb machine, which came loaded with Monterey, since 3 months after I bought it. First the SSD went bad, took it in, got that replaced (I assume the entire motherboard was replaced, as the SSD is soldered on in this model).
When I picked the repaired computer up, the newest version of Ventura had been installed. I decided to leave that rather than regressing.
Then, less than a week later, the Mac decided it did not like my 4 16 GB OCW Ram sticks that had seemingly worked fine before (In Monterey). It wouldn't boot with them in it. I could get it to boot with the 4 GB Apple sticks, with 2 of the OCW sticks (but only a certain 2; luckily, I numbered all four so I could keep track), or with any 2 of the OCW sticks and the 2 original.
However, it will only run at 2666 MHz with either the two original OR the two OWC sticks. When I combine them in any order, it drops to 2133.
I decided maybe one OWC stick was bad, so I returned them. With a new pair of OWC 16 gb sticks, it so far has booted and has not crashed. However, I'm back to 2133 MHz again. I'm currently running Memtest via Rember, which should take a jolly long time to complete, but I anticipate no issues. Even the 'bad' OCW showed no problems when tested. So I thought I'd get into this thread now.
I deem it unlikely that I've gotten another bad stick, but if I'm incorrect in assuming this, I'd like to know.
Meanwhile I'm trying to decide if I should settle for 2133, try to get it repaired yet again, or try to get Apple to refund me and buy a new Silicon Mac Mini of some flavor (probably M2 Pro 32GB for longevity).
My original thought was to try to run 32 bit games/apps (I have a few 32 bit Apps that have not and probably will not ever be upgraded) in a VM on the iMac, but I've been since told that won't work, or will work as well in Silicon as on this machine, but it occurs to me with a mini, I could get a KVM switch and run the old stuff on the old machine. If, of course, Apple will do a refund. Any thoughts on that would be welcome as well.