I forgot to post this before I left and have been having trouble trying to post it. Looks like you already figured that piece out:
Since this is IQ 16, there are some new things to consider. Check out my new IQ hardware sizing guide: http://scn.sap.com/docs/DOC-46166.
Your -c is a tad too big at 96gb. I would set it to 1g at most. There are some systems were we do set it in the 4-8g range, but let's not go that high.
The 3 main parameters that you need to focus on are -iqtc, -iqmc, and -iqlm. Take your total memory on the machine and take 90-95% of that number. I see you have 256g for temp cache and 96g for main cache, plus 96g for catalog cache (-c). I would assume (?) that you have 512gb of total RAM??
Assuming 512g total ram, take 90-95% of that. Let's say 460gb. Divide that by 3 to get 154gb. Use that number for each of the three caches above:
-c 1g
-iqmc 154000
-iqtc 154000
-iqlm 154000
This should give you enough memory to do the loads and have other stuff running. If your total RAM on the host is less than 512gb, adjust the above number accordingly.
Mark