Not exactly. Each class has a class standard that dictates the minimum that each member in a class must reach with respect to score:
4/c: 165
3/c: 175
2/c: 185 (I think...I've never really had to worry about it)
1/c: 200
However, to fully pass you must obtain a score of 200 with 300 being the max amount of points you can earn. Your class standard comes in when talking about what level of remediation you are going to be on. If you fall below 200 but above 165 if you're a fourth class, you're on Level I remediation. If you fall below the 165, you are placed on Level II Remediation. Level I usually just involves a probationary period where you workout on your own, with a friend, or a coach. Most people who get put on Level I just weren't prepared in one area, had a coach who is a harder grader, or was just having an off day. Level II usually involves mandatory workouts with Coaches or the members of the Remediation division in Alfa Company either in the morning or during lunch.
In order to get off Remediation, you must pass the PFE twice. So to get off of Level II, you would have to get above your class standard (165 in this case) twice to move to Level I and then get a 200 or above twice in order to get off of remediation. Bottom Line: It's not worth failing. The PFE is no more difficult than any workout and only takes approximately 15-20 minutes.
To the OP, looking at the scoring chart your results, would get you a 221. Its an average score but definitely not bad. BTW, I know this was long winded but I wanted to really explain the process. If you have any other questions, let me know.