Delay While Loop for 5 mins without stopping execution of plugin

So currently I'm trying to make a spigot plugin to run commands based on system time (on Monday for example). I have this method which checks if the current day is the one specified in the config.yml file. But I only want to check the time every 5 mins or so, without pausing the entire plugin/server. How can I do that.

Code:

Code:

private void type1(String commName)
    {
        while (true)
        {
            Calendar calendar = Calendar.getInstance();
            calendar.setTimeInMillis(System.currentTimeMillis());
            int currDay = calendar.get(Calendar.DAY_OF_WEEK);
            String day = getConfig().getString("commands." + commName + ".day");
            String[] correspondents = {"a", "Sunday", "Monday", "Tuesday", "Wednesday", "Thursday", "Friday", "Saturday"};
            if (Arrays.asList(correspondents).indexOf(day) == currDay)
            {
                getServer().dispatchCommand(getServer().getConsoleSender(), getConfig().getString("commands." + commName + ".command"));
            }
        }
    }