There are unique 2 degrees of truncation. Vertices of the truncation 5-simplex are located as pairs on the edge of the 5-simplex. Vertices of the bitruncation 5-simplex are located on the triangular faces of the 5-simplex.
The vertices of the truncated 5-simplex can be most simply constructed on a hyperplane in 6-space as permutations of (0,0,0,0,1,2) or of (0,1,2,2,2,2). These coordinates come from facets of the truncated 6-orthoplex and bitruncated 6-cube respectively.
The vertices of the bitruncated 5-simplex can be most simply constructed on a hyperplane in 6-space as permutations of (0,0,0,1,2,2) or of (0,0,1,2,2,2). These represent positive orthant facets of the bitruncated 6-orthoplex, and the tritruncated 6-cube respectively.
The truncated 5-simplex is one of 19 uniform 5-polytopes based on the [3,3,3,3] Coxeter group, all shown here in A5Coxeter planeorthographic projections. (Vertices are colored by projection overlap order, red, orange, yellow, green, cyan, blue, purple having progressively more vertices)
H.S.M. Coxeter, Regular Polytopes, 3rd Edition, Dover New York, 1973
Kaleidoscopes: Selected Writings of H.S.M. Coxeter, edited by F. Arthur Sherk, Peter McMullen, Anthony C. Thompson, Asia Ivic Weiss, Wiley-Interscience Publication, 1995, ISBN978-0-471-01003-6[1]
(Paper 22) H.S.M. Coxeter, Regular and Semi Regular Polytopes I, [Math. Zeit. 46 (1940) 380-407, MR 2,10]
(Paper 23) H.S.M. Coxeter, Regular and Semi-Regular Polytopes II, [Math. Zeit. 188 (1985) 559-591]
(Paper 24) H.S.M. Coxeter, Regular and Semi-Regular Polytopes III, [Math. Zeit. 200 (1988) 3-45]