SP4 definitely works with 4k monitor, actually I made it work with 2 external 4k monitors (plus SP4 display). You should definitely check your cables. The type that is going to give you 4k @60Hz is the proper displayport 1.2 cable.
The big disappointment here is that I couldn't get 2 monitors working through the docking station, one had to be connected directy with SP4.