yeah it's definitely close to plus raw power. it the upper end of the first standard deviation.
252 qualified hitters in statcast last year... 112.5 max EV would be 75th of 252
that's like 70th percentile
also at 112.5 max EV in 2022: Renfroe, Trea Turner, Sal Perez
I have this in my head as a rule of thumb:
<104 = 20 raw power
104 = 30 begins
108 = 40 begins
110 = "pure" 50
113 = 60 begins
115 = 70 begins
118 = 80 begins
almost 70% of mlb players should be between like 108 and 113, that's roughly the two lines one SD around mean raw power
some of these might be off by 1 mph