After Effects Crashing Every Five Minutes with Monterey & M1 Max

is this happen with a specific project or all projects? if this project only so you may have some corrupted footage cause this problem and if it occurs on all projects, as a quick solution try the previous version of AE.

If you've ruled out 3rd party plug-ins, the next thing to check would be fonts and source footage.

To troubleshoot fonts, unistall all 3rd party fonts and work in the project while fonts are missing.  If it crashes after about five minutes, you've found the issue.  If it doesn't crash, it's not likely a font issue.

To troubleshoot source footage, use File > Save As to save the AEP to the Desktop.  Close AE and create a Zip archive of your project folder or copy it to storage media that can be ejected (or do both).  This assumes your AEP and all imported soure footage are stored in the same folder.  After the project folder is a Zip archive or on other storage media, delete it so that you can open the Save As AEP will all source footage items missing.  Work with the files missing in the Save As AEP and click around for a little bit (you'll of course see the Missing Footage color bars as you work).  Once that seems stable, unZip the project archive or copy it back and use File > Replace Footage to reconned a source footage item.  Start with the easiest to replace files should they be the cause of the crash and take some time to click around the project before replacing another clip.  If a source footage item is causing the crash, you should get to a point where you experience the crash again.

Would you check the permission of the folder? Does the folder set everyone on?