That’s actually a consequence of Apple’s definition of retina. They preach ~220ppi and use 2× scaling. However, the CSS specification assumes 96 ppi at 1× at a distance of one standard arm’s length, so the ideal pixel density for 2× is 192ppi, which roughly corresponds to 4K @ 24″ or 5K @ 32″.at 5K, I find the text too small to be readable
With 5K @ 27″, everything is 15% smaller than ideal; or you have to bring the monitor 15% closer (which has been said to be harmful to the eyes).