Been trying to find out any sort of consistency between the systems where it does/doesn't initialize correctly it has me quite stumped 🙁. Others seem to be getting it too.
I can't seem to pick out any particular thing causing it, even switching between the Studio/Game-Ready Nvidia drivers. Opening the dump files sent over in WinDbg was giving me "bad_dump" issues and was not providing any more details. I was iterating with someone else that was having the issue to no avail either and their installation was a more bare-bone workstation installation too.
If you could, do you perhaps have any crash-log(not crash-dump) files in your Adobe AppData directory?
You should be able to put "%APPDATA%\Adobe\After Effects" in your explorer path and it will take you there, and within there you should see a folder like 22.1 there and a logs folder within that where you may find .crash files.
For example, my After Effects 2022 crash-log folder is: "%APPDATA%\Adobe\After Effects\22.1\logs". And in there should be timestamped files that identify the particular crashes if it correlates with any recent crashes you got with the plugins in particular.
Feel free to email it to me rather than post it here.