This paper is a step forward in the effort to create an appropriate open-access library of benchmark test systems for offline and real-time simulations. The library will consist of 13 test systems for steady-state and dynamic power system analysis considering different relevant features (topology, control mode and element details). In this scientific paper, the authors selected one of the test systems, the 5-bus test transmission system, in meshed topology. Details of its implementation using several power system analysis platforms for offline and online/real-time simulation. Offline steady-state performance results are presented using PowerWorld, DIgSILENT PowerFactory and IPSA. Plots of the main electromechanical variables of the time-domain response considering a generator outage are presented using offline simulations from PowerFactory and real-time simulation ePHASORSIM. Simulation results show very minimal discrepancies between the results considering different platforms.