401(k) Plan and Profit Sharing Plan
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12 Months Ended |
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Dec. 31, 2011
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401(k) Plan and Profit Sharing Plan [Abstract] | |
401(k) Plan and Profit Sharing Plan |
(14) 401(k) Plan and Profit Sharing Plan
We maintain a number of defined contribution plans under the provisions of Section 401(k) of the Internal Revenue Code that cover substantially all of our employees. Under the provisions of our 401(k) plans, employees’ eligible contributions are matched at rates specified in the plan documents. Our expense associated with these plans was approximately $4.6 million, $4.3 million and $3.5 million for the years ended December 31, 2011, 2010, and 2009, respectively.
Energetics maintains a profit sharing plan for its employees. All employees who have completed at least two years of service are members of the profit sharing plan. At our discretion, we may make contributions to the Energetics plan. Total expense for the years ended December 31, 2011, 2010, and 2009 was $360 thousand, $270 thousand, and $190 thousand, respectively.
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