It's very possible that 1+1+16 is simply watering down TFX2 to the point that:
•there is too little metol to develop the film, and
•• the pH has dropped to make the glycin inactive
FX2 is basically a classic metol acutance developer, and the glycin is added to work in the midtones and highlights. (TFX2 is Troop's accomodation of Crawley's formula, for t-grain films, and is VERY similar to FX2) VERY VERY VERY similar.
It's very safe to use development intervals of 5 minutes with 120 film, and 10 minutes with 35mm. There is little to gain by extending the intervals beyond these times. If I were testing a new film, I'd double the published D76 time as a starting point. And I would not worry about airbells with this stuff. Pre Soaking may be fashionable today, but I'd beg you to skip it.
Finally, because minimal agitation raises the shadow density relative to the highlights, pivoting the curve on the midtones, base your EI a on V or VI, and not I. A very quick way to dial in a new film is to expose a roll at Zone V, and develop a strip, and run the process. If you have a liter tank, run 4 strips and pull the first reel at 10', one at 15, one at 20, and the last at 25. Contact print them.