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Retirement Plans
 9 Months Ended
Sep. 30, 2023
Retirement Benefits [Abstract]  
Retirement Plans Retirement Plans
Deferred Compensation Plan
Deferred compensation plan (income) expense was $(3,160) and $(4,576) for the three months ended September 30, 2023 and 2022, respectively, and $4,763 and $(21,873) for the nine months ended September 30, 2023 and 2022, respectively.
For the three months ended September 30, 2023 and 2022, elective participant deferrals into the Company’s unfunded amended and restated Bentley Systems, Incorporated Nonqualified Deferred Compensation Plan (the “DCP”) were $61 and $1,586, respectively, and $1,712 and $4,694 for the nine months ended September 30, 2023 and 2022, respectively. No discretionary contributions were made to the DCP during the three and nine months ended September 30, 2023 and 2022. As of September 30, 2023 and December 31, 2022, phantom shares of the Company’s Class B Common Stock issuable by the DCP were 17,911,610 and 21,587,831, respectively.
The total liabilities related to the DCP is included in the consolidated balance sheets as follows:
September 30, 2023December 31, 2022
Accruals and other current liabilities$2,182 $2,067 
Deferred compensation plan liabilities79,537 77,014 
Total DCP liabilities$81,719 $79,081