100 psi is the service limit. That means it shouldn’t be below 100psi. As with most engines, a max compression is rarely specified, and nominal compression figures are based on accumulated evidence. The rule-of-thumb way to calculate an approximate “max” compression pressure is to take the static compression ratio of the engine and multiply it by 20 (this is only a theoretical max, there really is no such thing). For your engine, the compression ratio is 9.1. Multiplying that by 20 yields 182. A brand new engine will have a bit higher compression than a worn engine, so a “respectable” compression would be more like 15 times the compression ratio to account for wear. 9.1 times 15 yields 136.5. Therefore, any pressure reading between the service limit and the theoretical max would be acceptable, with the ‘expected’ pressure to be around the 15x amount, as long as all cylinders are exhibiting the same pressure within 10%.
The key things that mechanics look for in a compression test are: pressures are above service limit, and consistency across all cylinders. In your case, the consistency is the stand-out. In a proper functioning engine there should usually not be more than a 10% difference between the highest and lowest reading across all cylinders. One thing to realize, all engines leak compression, even brand new ones. The cylinders are not completely sealed. This is due to the gap in the ends of the piston rings. This is also why engines have “blow-by” observed in the crankcase. As the rings wear, this gap increases, reducing compression. The main idea is that the rings should wear evenly, so the compression loss should also be even. That is why consistency is one of the key indications. The service limit comes from the expected amount of wear on the rings before the engine is no longer capable of building sufficient compression for reliable firing.
Most of your cylinders, dry tested, are running really close to the expected 15x number (due to the ring gap). Wet testing, which uses the oil to seal the rings, gives you a number close to the 20x number ‘theoretical’ max. Because of the ring gaps, even brand new engines will see a higher wet test than dry. Again, it is the consistency that is looked for, and the wet test is used primarily to see whether the compression is leaking through the rings or valves. If the compression is leaking through the valves, the wet numbers will not significantly increase because the oil isn’t sealing the valves, only the rings.