Seriously, could they have made this any more confusing?  ROFL...

To cut to the chase here is what I did:

dnf remove kwalletmanager 
I was just getting confused about which version k4 or k5 was doing what, hopefully
this was the way to get rid of the k4 version.  If I'm missing something, please let me know.

Now, I'm still having an issue with being prompted for my PGP key every single time it is
being used.  In the past with kwallet4 that would be handled - since the upgrade, it hasn't.

This was happening even when I had the k4 version installed so I figured if it wasn't helping,
get rid of it.  

What am I missing on the k5 version to get it to handle PGP as it was in the previous 
version.

If it isn't yet possible, ok... I understand more people need to use before they find all the issues, but couldn't they at least provided a gui to configure it?  I mean, really.....