"MacBook (Retina, 12-inch, Early 2015) and later supports these resolutions and refresh rates over HDMI 1.4b using the USB-C Digital AV Multiport Adapter.
3840x2160 at 30 Hz refresh rate
4096x2160 at 24 Hz refresh rate (mirroring is not supported at this resolution)"
"MacBook (Retina, 12-inch, Early 2015) and later supports these resolutions and refresh rates over HDMI 1.4b using the USB-C Digital AV Multiport Adapter.
3840x2160 at 30 Hz refresh rate
4096x2160 at 24 Hz refresh rate (mirroring is not supported at this resolution)"
That's a limitation of the HDMI spec used in the adapter. When connected via USB-C, 4k/60hz is supported. Any USB ports connected over the same cable will drop to 2.0 speeds.
"MacBook (Retina, 12-inch, Early 2015) and later supports these resolutions and refresh rates over HDMI 1.4b using the USB-C Digital AV Multiport Adapter.
3840x2160 at 30 Hz refresh rate
4096x2160 at 24 Hz refresh rate (mirroring is not supported at this resolution)"
"MacBook (Retina, 12-inch, Early 2015) and later supports these resolutions and refresh rates over HDMI 1.4b using the USB-C Digital AV Multiport Adapter.
3840x2160 at 30 Hz refresh rate
4096x2160 at 24 Hz refresh rate (mirroring is not supported at this resolution)"
The new macOS update 10.12.1 allows 4k @ 60Hz, I have the LG 27UD88 and using it now. It supports mirroring or as a 2nd display with the MacBook screen.