If I understand correct, you have 5 speeds on that unit, speeds 1, 2 , and 5 work normally? If so, do they seem to have their proper operating thrust on each speed setting? or do 1 and 2 have the same thrust for example.
What is the serial number of your unit?
I think the issue is the speed switch but I cannot guarantee this so far.
5 speed switch link - just for reference
http://www.northlandmarine.com/MinnKotaAll...SpeedSwitch.htm