There's no migration for the Plasma shell from Plasma 4 to Plasma 5, but the KDE applications migrate configurations when you go from a kdelibs4-based app to a frameworks5-based app.
Quite frankly, not migrating the Plasma shell configuration seems like a really minimal issue to me.
Of course one would need to actually use Plasma to know this. Please don't spread these kinds of rumors if you can't verify them directly ;)
>> George Standish:
“^ the Apple-school of upgrading, "just throw it out, and go buy another"”
And that's just absolutely unrelated.