Step 1: Use intercept form of the plane.
The intercept form of a plane is
\[
\frac{x}{a}+\frac{y}{b}+\frac{z}{c}=1
\]
where \(a,b,c\) are the \(x\)-, \(y\)- and \(z\)- intercepts respectively.
Given,
\[
a=\frac{5}{2}
\]
So, the equation becomes
\[
\frac{x}{5/2}+\frac{y}{b}+\frac{z}{c}=1
\]
\[
\frac{2x}{5}+\frac{y}{b}+\frac{z}{c}=1
\]
Step 2: Use the fact that the plane passes through \((1,1,1)\).
Substituting \((1,1,1)\) into the plane equation,
\[
\frac{2}{5}+\frac{1}{b}+\frac{1}{c}=1
\]
\[
\frac{1}{b}+\frac{1}{c}=1-\frac{2}{5}
\]
\[
\frac{1}{b}+\frac{1}{c}=\frac{3}{5}
\]
Step 3: Use the perpendicular distance formula.
The plane equation is
\[
\frac{2x}{5}+\frac{y}{b}+\frac{z}{c}-1=0
\]
Distance of the origin from the plane is
\[
\frac{| -1 |}{\sqrt{\left(\frac{2}{5}\right)^2+\left(\frac{1}{b}\right)^2+\left(\frac{1}{c}\right)^2}}
=\frac{5}{7}
\]
Thus,
\[
\frac{1}{\sqrt{\frac{4}{25}+\left(\frac{1}{b}\right)^2+\left(\frac{1}{c}\right)^2}}
=\frac{5}{7}
\]
Squaring both sides,
\[
\frac{4}{25}+\left(\frac{1}{b}\right)^2+\left(\frac{1}{c}\right)^2
=\frac{49}{25}
\]
\[
\left(\frac{1}{b}\right)^2+\left(\frac{1}{c}\right)^2
=\frac{45}{25}
=\frac{9}{5}
\]
Step 4: Solve for \(\dfrac{1}{b}\) and \(\dfrac{1}{c}\).
Let
\[
u=\frac{1}{b},\qquad v=\frac{1}{c}
\]
Then,
\[
u+v=\frac{3}{5}
\]
and
\[
u^2+v^2=\frac{9}{5}
\]
Using
\[
(u+v)^2=u^2+v^2+2uv
\]
\[
\left(\frac{3}{5}\right)^2=\frac{9}{5}+2uv
\]
\[
\frac{9}{25}=\frac{45}{25}+2uv
\]
\[
2uv=-\frac{36}{25}
\]
\[
uv=-\frac{18}{25}
\]
Thus, \(u\) and \(v\) satisfy
\[
t^2-\frac{3}{5}t-\frac{18}{25}=0
\]
Multiplying by \(25\),
\[
25t^2-15t-18=0
\]
Solving,
\[
t=\frac{15\pm45}{50}
\]
Hence,
\[
t=\frac{6}{5}\quad \text{or}\quad t=-\frac{3}{5}
\]
Therefore,
\[
\frac{1}{b}=-\frac{3}{5},\qquad \frac{1}{c}=\frac{6}{5}
\]
Since the \(y\)-intercept is negative,
\[
b=-\frac{5}{3}
\]
Step 5: Final conclusion.
Hence, the required \(y\)-intercept is
\[
\boxed{-\frac{5}{3}}
\]