What's a word for someone who has completed an exercise?

Solution 1:

A nice unambiguous term is those who have completed the test.

However, finisher is often used for those who have crossed the finish line in a race, and may work in your case.

finisher noun
1 a person or thing that finishes something, in particular:
   • a person who reaches the end of a race or other competition:
        all finishers will receive a commemorative medal

[ODO]