In this paper, Pd/C catalysts are synthesized via Ar glow-discharge plasma reduction using activated carbon as the support and Pd(acac)(2), Pd(NO3)(2), K2PdCl4, and H2PdCl4 as the Pd precursors, and their catalytic performances are investigated by hydrogen production from dodecahydro-N-ethylcarbazole (H12-NEC). Pd/C-A, prepared from Pd(acac)(2), which has the smallest palladium nanoparticles (1.7 nm), the highest dispersion (34%) and no residue of inorganic ions, exhibits the best catalytic activity with a hydrogen release of 5.28 wt.%, which is 2.2 times that of Pd/C-H. The order of the apparent activation energies of the prepared Pd/C catalysts, according to the kinetics of the H12-NEC dehydrogenation reaction, is as follows: Pd/C-A approximate to Pd/C-N < Pd/C-K < Pd/C-H. When Pd(acac)(2) with a large ligand acts as a cation Pd precursor, the effect of coulombic attraction to Pd2+ during the plasma reduction process makes it difficult for Pd nanoparticles (NPs) to migrate, which leads to the formation of ultrafine Pd NPs.