That looks like you are using the Thermal Dynamics modification of the Firecontrol post processor in Sheetcam. That is the only Firecontrol Post Processor that has a 2" retract height. It is named “Fireecontrol v1.6 TD mod retract”. Don’t use that unless you are using a Thermal Dynamics plasma cutter that requires an extra 1.5 seconds of delay on the first pierce.
As noted above, change your plunge rate to at least 50 IPM.
The super long pierce delay and the slow plunge rate will both have the effect of the torch running out of metal to cut and shutting off before it can move.