Annual report pursuant to section 13 and 15(d)

PROFIT SHARING PLAN

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PROFIT SHARING PLAN
12 Months Ended
Dec. 31, 2011
PROFIT SHARING PLAN [Abstract]  
PROFIT SHARING PLAN
NOTE 15
PROFIT SHARING PLAN

We adopted the Perma-Fix Environmental Services, Inc. 401(k) Plan (the “401(k) Plan”) in 1992, which is intended to comply under Section 401 of the Internal Revenue Code and the provisions of the Employee Retirement Income Security Act of 1974.  All full-time employees who have attained the age of 18 are eligible to participate in the 401(k) Plan.  Participating employees may make annual pretax contributions to their accounts up to 100% of their compensation, up to a maximum amount as limited by law. We, at our discretion, may make matching contributions based on the employee's elective contributions. Company contributions vest over a period of five years.  We matched up to 25% of our employees' contributions.  We contributed $432,000, $431,000, and $85,000, in matching funds during 2011, 2010, and 2009, respectively.  The Company suspended its matching contribution effective March 1, 2009, in an effort to reduce costs in light of the downturn in the economic environment.  Effective January 1, 2010, the Company re-commenced this matching contribution.